BlackRock will replace Newton Investment Management as manager of Quilter Investors' UK Equity Growth fund.
BlackRock's Nick Little, currently manager of the BlackRock UK fund, will take over management responsibilities from the Quilter portfolio, the firm said on Tuesday. Quilter said BlackRock had been chosen to replace Newton, which had run the fund since 2017, due to its "experienced team and disciplined investment process within the UK growth space". CEO and head of investments at Quilter Paul Simpson said: "BlackRock has been a global partner for a number of years now, so we know they can produce sustainable growth over the long term for our clients and investors. "We are delighted...
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