The rebrand of the strategy, which is managed by Simon Murphy, “more accurately reflects” his approach to asset allocation, which is “wholly unconstrained” by sectors or market cap, the firm said.
VT Tyndall Unconstrained UK Income will remain a high-conviction, concentrated portfolio of between 30 to 40 UK companies, with an active share target above 80%, which currently sits at 89.4%.
Tyndall IM hires two investment directors from Walker Crips
Although the fund is not constrained by a benchmark, it refers to the FTSE All-Share for reference purposes, Tyndall noted.
Murphy said…
