City Financial merges Harris' multi-asset range

The merger will create the £35m City Financial Multi Asset Balanced fund, managed by head of multi-asset Mark Harris (pictured). Graham Glass's £90m Strategic Global Bond fund is being renamed the City Financial Defensive Global Bond fund as part of an objective change to invest more cautiously. Head of UK asset management Ed Rosengarten said: "City Financial is committed to delivering expertly managed and scalable investment solutions to our clients. "Part of this strategy involves continually assessing the fund range to ensure we continue to offer a compelling proposition to inve...