Dowgate hires Cape Wrath small-cap manager Rackley
Who brings with him the VT Cape Wrath Focus fund
Who brings with him the VT Cape Wrath Focus fund
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While Brewin Dolphin, Brooks Macdonald and Quilter products make the top 10
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Shift will result in a decrease in corporate bonds and alternative assets
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AUM has fallen to approximately £102m from £254m, leaving it ‘no longer commercially viable’
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Worldwide Opportunities fund also moving to AVI
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Fund provides investors with access to assets not directly available on UK retail platforms
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Fund will focus on long-only credit opportunities
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The decrease will result in the elimination of Invesco’s Y share class
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Managed by Ron Baron and Michael Baron
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Lazard will waive fees for three and-a-half months amid initial portfolio changes
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The founders discuss reasons behind the deal with Portfolio Adviser
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Follows launch of Allspring Global High Yield Fund in June
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