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Friends Ivory & Sime to launch new funds

Friends Ivory & Sime is set to launch two new fund of funds products later this year, in a bid to build its presence in the growing multi-manager market.

The products are likely to be technology and green funds of funds.

FI&S says it will look to launch the products once it has replaced its multi-manager team, which was poached by Rothschild Asset Management earlier this year.

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