Omnis ditches Schroders for Franklin Templeton on UK Equity fund

The Omnis UK Equity Fund, which has an ongoing charge of 0.69%, will be managed by Franklin Templeton portfolio manager Colin Morton (pictured), based with the UK equity team in Leeds. Morton joined Franklin Templeton when it acquired Rensburg Fund Management in January 2011. He joined Rensburg in 1988 as a private client executive, becoming an investment manager in 1991. He began his career in 1983 as a trainee stockbroker with Wise Speke & Co.  Morton and his team will manage the fund on the same basis as their existing Franklin UK equity strategies, investing in attractively valued...