Flurry of Fund Launches in Time for ISA Season

NEWS YOU CAN USE: Fund launches from Woodford, Franklin Templeton and PIMCO, manager changes at Jupiter and a new role for the City Superwoman

Emma Simon 24 February, 2017 | 11:15AM
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February has seen flurry of new fund launches, as the investment industry gears up for what it hopes will be a better ISA season than 2016, when inflows stood at record lows. The biggest launch is expected to be from Woodford Investment Management, which is launching a new Income Focus fund before the end of the tax year.

Elsewhere there have been a number of high profile fund manager changes.

Woodford Launches Higher Income Fund

Woodford Investment Management confirmed it will offer a new Income Focus fund on March 20, targeting a higher yield that its current Equity Income fund.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Jupiter Growth & Income L Inc92.31 GBP0.66Rating
Jupiter UK Growth L Inc255.48 GBP0.45Rating

About Author

Emma Simon

Emma Simon  is a financial journalist, specialising in investment and consumer issues, writing for Morningstar.co.uk