Wealth and Asset Management
Quilter closes gilt fund after MPS ditches UK govt bonds
Wealth manager Quilter (QLT) is closing the Quilter Investors Gilt Index fund. The fund lost more than £500m between November 2021 and late October 2022, when investors were notified of its closure, according to Morningstar. The sum included redemptions of £257.6m in June and £124.3m in March. Managed by BlackRock,…
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