Following the news today that Bambos Hambi, Head of Multi Manager Strategies at ASI, is leaving the business, we will be retaining our Recommended ratings on the MyFolio Multi Manager, Managed and Market range of funds. Mr Hambi's day to day fund management responsibilities for the funds had been reducing over the last few years and the ranges where he had responsibilities all have co-manager structures in place. We will monitor the fund ranges closely over the coming months to ensure Mr Hambi's departure does not cause any material changes. However, we remain comfortable that the ongoing level of resources and the experience of the remaining team will continue to support the funds' successfully.
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