Marlborough Fund Managers is integrating its £11.2 million absolute return (AR) fund of ETFs with the Thesis Spectrum Green fund, What Investment reports. Raymond James provides investment advice to both the funds. The Marlborough ETF Absolute Return Fund aimed to generate absolute returns through capital growth by investing in ETFs and the Spectrum Green Fund aims to generate a total return from income and capital growth. Nigel Baynes and Stacey Ash managed the Marlborough fund since 2005.

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