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Funds Centre

Performances as at: 15/08/2008

 

Dear users, I'm afraid that the existing Funds Centre will be closing down temporarily for a number of months – but don't worry, we'll soon be back with a brand funds new service in 2010.
Friday May 1, 9:45 AM

Threadneedle Latin American fund manager change

Katy Dobson has been replaced as manager of the Threadneedle Latin American Fund by Julian Thompson.Mr Thompson is Head of Global Emerging Markets at Threadneedle and has 15 years of experience. There will be no change to the fund’s objectives

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or its investment approach as a result of this change.Julian Thompson is knowledgeable about the Latin American region and the fund itself through his work as head of the team. He also runs a Global Emerging Markets fund that currently invests in many of the same shares as the Latin American Fund.Our view is that this change in manager should not be a cause for concern and that investors should continue to hold. Latin America is a high risk and volatile investment area, although we believe its long term potential is strong. This fund is not part of the Wealth 150, our list of favourite funds in each sector.Stuart Goodwin, Analyst