Gartmore is to merge its £2.2m UK High Alpha and £3.9m Global High Alpha multi-manager funds to run a new strategy targeting absolute returns.
Subject to shareholder and regulator approval, MultiManager Absolute Return fund will be available from October. It will sit in the newly created IMA Absolute Return sector and remain a non UCITS retail...
What made financial headlines over the weekend?
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch