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Liontrust and Baillie Gifford see previous winners demoted in latest FE rebalance


Source: FE Fundinfo
Despite the demotions, Liontrust still had the second highest number of top ranking funds at 13, representing nearly a quarter of its 58-strong fund range. It was tied with Blackrock and ahead of Fidelity’s 12 five-crown funds.
Meanwhile Baillie Gifford fell all the way from second to seventh place in the latest rebalance, with nine funds achieving the five-crown rating, putting it behind Jupiter with 10 funds.
Abrdn, which finished third in the January report, was up at the top of the table this time around with 16 five-crown funds in total.
Sustainable funds lead the charge
Once again sustainable funds continued to dominate the top performers in the latest review. Many of the new entrants to the five-crown club had a sustainable bent, including the BNY Mellon Sustainable Global Equity fund and Jupiter Global Sustainable Equities fund. ....

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People moves: Mercer's new UK board chair; Jupiter's sustainability appointments | News


Mercer –
Ashok Gupta has been named chair of Mercer’s UK board. Selected for his extensive board and executive experience in the financial services industry, across asset management, wealth management and the pensions segments, Gupta will also chair the risk committee and the nominations committee.
An entrepreneur with over 40 years of experience in the UK insurance and financial services industry, Gupta has held a number of senior executive, advisor and actuarial positions during his career.
He chaired a Pension & Lifetime Savings Association taskforce that recommended superfunds, defined benefit consolidators for which there is now an interim regulatory regime. Gupta was also deputy chair of a Bank of England working group on procyclicality by pension funds and insurance companies.  ....

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