Advisers have turned their back on poor performing 130/30 funds, which have so far failed to live up to expectations after the fanfare that followed a plethora of launches last year.
130/30 funds give 130pc exposure to long positions and 30pc to shorts; effectively leveraging the fund manager's skills. UBS, JPMorgan, F&C and Resolution are among the high profile groups that launched...
Follows McVey's resignation
Schroders and Aviva Investors
LightTower Partners, Seneca Partners and Unicorn AM
Integration with Money Dashboard
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