Aberdeen Standard Investments (ASI) has "sold down [the] structurally challenged companies" in the LF ASI Income Focus fund as it repositions the portfolio to be more liquid and diversified ahead of its reopening on Thursday 13 February.
The fund, formerly run by Neil Woodford, has been overhauled by new managers Thomas Moore and Charles Luke, with Woodford's strong bias towards domestically focused stocks removed with the addition...
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