Mid Wynd Shifts from Artemis to Lazard Amid Fund Restructuring
1 report, 1 independent
Updated Mon 00:00
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What happened
Mid Wynd moved from Artemis to Lazard three years ago. During its time with Artemis, Mid Wynd faced criticism for its performance, which returned only 17% against the MSCI World index's 63% returns. Meanwhile, European Opportunities has since merged away after the collapse of Wirecard, its largest investment in 2020.
From moneyweek.com
Why it matters
The events highlight the challenges faced by investment trusts during periods of poor performance or flawed investment theses. The corporate shifts involve major players in the financial services sector.
From moneyweek.com