Ted Scott will not be returning to F&C as an investment manager following his period of ill health.
However, Scott is due to rejoin the F&C team in June where he will provide macro-economic analysis and advice on market strategy across the UK equities desk. Hilary Aldridge, who has been deputy fund manager alongside Scott on the F&C UK Growth & Income fund since 2005, and who has co-managed the fund on a caretaker basis since November 2008, has been appointed lead manager. The fund is third quartile with a return of -29.32% over one year to 6 May 2009, according to Lipper. Lead management responsibility on F&C's flagship UK equities ethical products, the Stewardship Growth and Steward...
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