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Merrill Lynch appoints new fund manager

Merrill Lynch has appointed former Schroder Investment Management fund manager, Hugo Tudor to its Select team.

Tudor will join the team, which manages large UK balanced portfolios, in February 2001.

At SIM he was a member of the UK Specialist team as well as responsible for several larger balanced portfolios for UK institutional clients.

Merrill Lynch head of European and UK equities Andreas Utermann says:

" Hugo will be a powerful addition to the select team, which looks after larger UK pension funds."

MS

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