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Norwich hire Higham for bond funds

By TOM WHITE 01/03/2008

Norwich hire Higham for bond funds by Tom White
Chris Higham has replaced Roger Webb as manager of the Norwich Managed High Income and Monthly Income Plus funds. Webb remains manager of Norwich Union’s Corporate Bond and Higher Income Plus funds.

Recommendation

In accordance with Bestinvest procedure we have removed the 2 star rating on the Norwich Managed High Income fund. With Higham lacking a track record neither fund qualifies for a rating at present.

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