PSigma will rebrand its Balanced Managed Fund of Funds to mirror its new investment approach, Financial Times reports. The £12 million fund will now be known as the PSigma Dynamic Multi-Asset fund.
The vehicle, run by Tom Becket, will now have a multi-asset approach including high-yield bonds and “quality” global equities, adds What Investment. The fund, launched in 2008, has an average annualized return of 6.01 percent.
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