T.Bailey launches UK Best Ideas fund

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MULTI-manager specialist T.Bailey has announced the launch of the UK Best Ideas fund, which will typically consist of 10 UK equity funds, each with a 10pc weighting.

The fund, which will come to market on October 1, will be managed by Jason Britton alongside the group’s chief investment officer, Richard Martin. It will be classified in the IMA UK All Companies sector and structured as a fund of funds vehicle, selecting managers that will be given the opportunity to back their judgement with conviction, while not being constrained by a benchmark. “One of the investment successes of this decade has been the emergence of more choice amongst actively managed alpha-generating UK funds regardless of whether they go by the moniker of focus, unconstraine...

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