Unitholders agree to F&C multi-manager mergers

Unitholders of four F&C multi-manager funds have voted in favour of merging them into equivalently managed Thames River funds, following F&C’s acquisition of Thames River in September.

With effect from December 10, the F&C Multi-Manager (MM) Distribution fund will merge into the Thames River Distribution fund, F&C MM Cautious will go into Thames River Cautious Managed, F&C MM Balanced into Thames River Balanced Managed and F&C MM Growth will merge into the Thames River Equity Managed fund.

All four funds are managed by Rob Burdett and Gary Potter, the co-heads of multi-manager at Thames River.