In its most recent Assessment of Value (AoV) report, the asset manager said its Royal London UK Opportunities fund was closed on 6 June following “recent years” of underperformance.
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“This is the fund’s third successive red performance rating, and in our previous reports we have detailed actions taken by the investment manager to seek to address this,” the AoV report said.
“The underperformance has continued, however, and in light of the decision by the investor holding a large proportion of the fund to …
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