Long-term members out in biannual FE Invest Approved List reshuffle

Bumper shake-up

Jayna Rana
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Other names removed from the list include long-term constituent Schroder US Mid Cap
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Other names removed from the list include long-term constituent Schroder US Mid Cap

Turnover was notably high in the latest biannual reshuffle of the FE Invest Approved List at 21.5%, while a number of long-time members were removed, including Stewart Investors' £2.3bn Global Emerging Markets Leaders fund.

This comes just six months after the group saw its £7.2bn Asia Pacific Leaders fund get the boot in the reshuffle that took place in April. Charles Younes, FE research manager, said the team had become...

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