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Coutts prepares to dump £2.7bn of UK shares in funds ‘recalibration‘

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Coutts is preparing to sell £2.7bn of UK equities in a major ‘recalibration’ of two fund ranges in another blow to the British stock market. The wealth manager will sell the stocks from two fund ranges, Coutts Managed and Personal Portfolio, which house a combined £13.6bn. In the two largest,…

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