T Bailey replaces Premier on Discovery range

T Bailey Fund Managers has replaced Premier Portfolio Managers as authorised corporate director (ACD) on the Discovery Balanced and Managed Growth funds.

Simon Weldon, the managing director for sales and marketing at Premier, says Premier’s contract as ACD expired and fund sponsor Anthony Harding & Partners decided to appoint T Bailey instead.

Weldon says the investments are still managed by multi-asset investors Cheviot Partners and North Investment Partners.