Quilter Investors looks to merge Diversified Portfolio with Cirilium Balanced

A spokesperson from the business said: "Quilter Investors has undertaken a thorough review of the Quilter Investors Diversified Portfolio. Having assessed all of the options available, we believe that shareholders' interests will be best served by merging the portfolio with the Quilter Investors Cirilium Balanced Blend Portfolio." The merger, which requires shareholder approval, would take place on 11 March. The Diversified Portfolio was marked red in the firm's latest Assessment of Value report. The fund targets outperformance of CPI by 4% net of charges over a rolling seven-year per...