The announcement by Stewart Investors that Angus Tulloch and Jonathan Asante are stepping down from a number of funds will have unsettled investors, perhaps far more than any other high profile manager moves of the past.
Asia Pacific Leaders fund changing to sustainability strategy
First State Investments will no longer accept new platform business for its £5.6bn Asia Pacific Leaders and offshore Global Emerging Markets Select funds in an effort to limit inflows.
First State has introduced a new income share class to its £3.03bn Asia Pacific Leaders and £767m Asia Pacific funds.
Angus Tulloch was named as Fund Manager of the Decade and John Duffield picked up the award for Outstanding Achievement to the UK Mutual Funds Industry at the 10th annual Fund Manager of the Year awards.