Marlborough Fund Managers has raised £90 million for its new income fund, Financial Times reports. The fund manager, which launched the Multi Cap Income fund for Giles Hargreave, has also appointed Siddarth Lall to co-manage the vehicle.The new offering invests in companies that are listed on the FTSE 250, the FTSE SmallCap, the FTSE Fledgling and the FTSE AM. The FTSE All-Share Gross Dividend Yield index is the benchmark index of the income fund.
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