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Square Mile kicks pair of ASI UK equity funds to the curb in ratings overhaul
Tom Moore’s £800m UK Income Unconstrained fund culled in research house’s latest ratings decision
Square Mile has ejected a pair of Aberdeen Standard Investments UK equity funds, with £1.2bn between them, from its Academy of Funds after losing faith in their ability to turn performance around.
Tom Moore’s (pictured) £800m ASI UK Income Unconstrained Equity fund and the £370.9m UK Unconstrained Equity fund, run by Wesley McCoy and Lesley Duncan, were stripped of their A ratings in Square Mile’s January ratings round-up.