Colin Morton’s UK equities team transfers to Martin Currie
Morton will continue to lead Franklin Templeton UK equities team
Morton will continue to lead Franklin Templeton UK equities team
Schroders head of fixed income Paul Grainger had been running the global mandate
Terry Smith has previously been critical of the tech giant’s ecommerce business
Finsbury Growth & Income Trust has this year delivered its weakest relative returns since 2007
‘Alliance Trust is unusual in that it has a very large merger reserve’
Silver now accounts for 40% of the portfolio due to growing industrial demand for the metal
Both funds have been losing money since reopening in November 2020 after Covid-induced suspension
Nick Train’s fund house is the largest shareholder in the UK drinks business
Last year portfolio was repositioned to become more global
Firm says the two models are to ‘create enduring worth, living in society not off it’
Seeking to raise £300m through a placing of ordinary shares
Mark Hargreaves becomes global head of newly created equities platform which includes fundamental and quant divisions