Standard Life Investments (SLI) has confirmed it is set to merge away 11 former Ignis mandates which duplicate existing SLI strategies.
Although some of the managers - namely Adam Walker, James Millard and Will Malcolm - will no longer have mandates as a result of the mergers, SLI declined to comment on whether the trio will remain at the firm. The firm began streamlining the Ignis fund range last summer following the acquisition in March, and closed its Ignis China fund back in October. Subject to unitholder approval, a further 11 funds will be migrated into SLI's most similar mandates, as the group said it is moving towards the end of the migration process. The £111m UK Equity Income fund, once run by Graham Ashb...
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