This content is from: Innovation

F&C To Merge Two U.K. Equity Funds

F&C Investments is planning to merge two of its funds.

F&C Investments is planning to merge two of its funds, Financial Times reports. The £31 million U.K. Growth & Income fund, managed by Hilary Aldridge, will be combined with the £189.1 million U.K. Equity Income fund run by Phil Doel.

The £63.9 million U.K. Opportunities fund run by Doel will be merged with the £152.9 million U.K. Equity fund managed by Peter Lees. The U.K. Equity fund will be renamed as the U.K. Alpha fund.

Click here for the story from Financial Times.

Related Content