CORRECTION: Big decrease in the underlying size of the Threadneedle UK Smaller Companies fund

On the 18^th September, Fundswire published an article highlighting a big decrease in the underlying size of the Threadneedle UK Smaller Companies fund.

It should be noted that the £35m decrease is as a result of a major institutional client moving its investment from the OEIC to a segregated mandate, managed by Threadneedle. Therefore whilst the assets of the fund have fallen, the total assets managed by Threadneedle in this strategy remain the same.