Rathbone Unit Trust Management (“Rathbones”) announces that fund manager Noelle Cazalis will leave the business to pursue other interests outside the UK. Fixed Income fund manager Stuart Chilvers will assume lead fund manager responsibilities for the Rathbone High Quality Bond Fund with immediate effect and with no change to the investment process or objective of the fund. 

• Votes Against Slavery initiative saw non-compliant FTSE 350 Index companies targeted with investor action
• 2022 marks the third iteration of the campaign

For the EGMs held 28 September 2022 for Rathbone Pharaoh Fund, Rathbone Quercus Fund, Rathbone Sherwood Fund, Rathbone Sussex Fund, and Rathbone Dragon Trust, results of the resolutions have been communicated with investors as appropriate. For more information, please contact your usual Rathbones representative.

Rathbones has launched its third Votes Against Slavery engagement, securing support from 122 investors with assets under management totalling £9.6 trillion.

As part of an ongoing review of our portfolio of investment opportunities for clients, we are informing you of a proposed merger of the Rathbone Heritage Fund (the “Heritage Fund”) with the Rathbone Strategic Growth Portfolio, a sub-fund of Rathbone Multi-Asset Portfolio (the “Strategic Growth Portfolio”).

The appointment follows the announcement of Julian Chillingworth’s retirement in 2022.

At an EGM of shareholders held 26 January 2022, the resolution that the scheme of arrangement (the “merger”) between Rathbone Heritage Fund and Rathbone Multi-Asset Strategic Growth Portfolio, a sub-fund of Rathbone Multi-Asset Portfolio (as detailed in the Information Pack sent to shareholders on 15 December 2021), was passed. Accordingly, the merger is expected to take place on 22 April 2022.

We are informing you in our capacity as investment manager of the Rathbone SICAV Multi-Asset Portfolios (“the Company”), to inform you we will be contacting your client(s) about some changes to the objectives of some of the sub-Funds. 

Prime Minister Boris Johnson has told the world to “grow up” and tackle climate change; that “this is the most important period I think now in the history of the planet - because COP simply must succeed”.

Bryn Jones, lead manager of the £2.6bn Rathbone Ethical Bond Fund, has added exposure to government bonds for the first time by investing in the UK’s green gilts.