7IM Team Change

Following the news that 7IM Chief Investment Officer, Chris Darbyshire, has left the business, Square Mile is retaining its 'Recommended" rating on the AAP and Multi-Manager fund ranges. We retain conviction in the investment team as they follow a collegiate approach and therefore have a relatively low level of associated key man risk. We have a meeting scheduled in the coming months where we intend to discuss the ramifications of this change in more detail.