Architas is raising its exposure to U.K. stocks across its multi-manager range, Investment Week reports. It has awarded a mandate each to Majedie Asset Management and TT International.
The multi-manager unit of AXA has allocated 17% to TT International and 20% to Majedie in its U.K. equity portfolio. Architas’ Diversified Share fund has 6.8% weighted to TT International and 8% to Majedie.
Click here for the story from Investment Week.
Click here for additional coverage from Financial Times.