Tilney Smith & Williamson has repositioned its sustainable managed portfolio service (MPS) in response to the current challenging market conditions.
The Tilney Sustainable MPS team has sold its Lyxor US TIPS fund in favour of cash and short-dated UK Gilts and has added to its short-dated investment grade credit and absolute return funds in the more risk averse portfolios.
In the re-balance, Tilney has also purchased positions in Schroder Global Sustainable Value and ...
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