Rayner Spencer Mills puts four funds 'under review'

The funds under scrutiny are Investec UK Smaller Companies, Invesco Perpetual UK Smaller Companies Equity, Threadneedle UK Mid 250 and Threadneedle American Select. RSMR group director Geoff Mills said the decision follows the change in fund managers at Threadneedle UK Mid 250, Threadneedle American Select and Investec UK Smaller Companies, and the retirement of Richard Smith as manager of Invesco Perpetual UK Smaller Companies Equity. "We have placed these funds under review while we meet with the new teams to ascertain the impact of these changes and to examine how the funds' respec...