F&C Investments plans to shelve the Thames River brand by renaming every one of its funds under the F&C banner, Fundweb can reveal.
Speculation over the future of the Thames River brand has been rife after F&C last year said it was considering hibernating the name and putting its fund range under a single name.
F&C Investments head of marketing Tracy Fennell says changing Thames River fund names to the F&C brand probably represents the last step of this hibernation programme.
“Over the coming weeks, we are changing every Thames River fund name. Some of them are just a clean swap out from Thames River to F&C but some of the changes will more accurately reflect what the funds actually do,” Fennell explains.
Gary Potter and Rob Burdett’s five multi-manager funds will see their Thames River prefix dropped and replaced with F&C MM Navigator, while the firm’s Lifestyle multi-manager suite will be rebadged as F&C MM Lifestyle.
Other changes will be clear when the Navigator name comes into effect. Thames River Cautious Managed’s full name will have changed to F&C MM Navigator Moderate, Thames River Balanced Managed to F&C MM Navigator Progressive and Thames River Equity Managed to F&C MM Navigator Select.
All the funds in the Thames River Traditional line, which includes the £890m Thames River Global Bond fund, will simply be rebranded as F&C.
The group also plans to drop the use of term ‘absolute return’ to improve clarity for its investors over what the funds actually do. For example, the Thames River European Absolute Return fund will become the F&C European Equity Long Short fund.
The changes are expected to take place on or around 6 April, subject to regulatory, board and shareholder approval. A full list of the proposed changes can be found below.
Name changes to the Thames River funds
Thames River High Income – F&C High Income Bond
Thames River Global Emerging Markets – F&C Global Emerging Markets
Thames River Global Bond (£) – F&C Macro Global Bond (£)
Thames River Global Bond ($) – F&C Macro Global Bond ($)
Thames River Global Bond (€) – F&C Macro Global Bond (€)
Thames River Emerging Asia – F&C Emerging Asia
Thames River European Absolute Return – F&C European Equity Long Short
Thames River Water and Agriculture Absolute Return – F&C Water and Agriculture Equity Long Short
Thames River Global Credit – F&C Global Credit
Thames River Credit Select – F&C Credit Select
Thames River Real Estate Securities – F&C Real Estate Securities
Thames River Global Emerging Markets Absolute Return – F&C Global Emerging Markets Equity Long Short
Thames River Global High Yield – F&C Global High Yield
Thames River Global Boutiques – F&C MM Navigator Boutiques
Thames River Cautious Managed – F&C MM Navigator Moderate
Thames River Balanced Managed – F&C MM Navigator Progressive
Thames River Equity Managed – F&C MM Navigator Select
Thames River Distribution – F&C MM Navigator Distribution
Lifestyle Defensive – F&C MM Lifestyle Defensive
Lifestyle Cautious – F&C MM Lifestyle Cautious
Lifestyle Balance – F&C MM Lifestyle Balanced
Lifestyle Growth – F&C MM Lifestyle Growth