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7IM Faces £1.1 Billion Loss, Funds Merged with True Potential

6/9/2025

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Summary

Story summary

Discretionary fund manager 7IM faces a staggering £1.1 billion loss in mandates with True Potential, attributed to disappointing performance. The five True Potential 7IM funds, introduced in January 2016, will now be absorbed into True Potential's offerings, following a recent evaluation that deemed them as ‘not delivering value.’

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Story summary

Discretionary fund manager 7IM faces a staggering £1.1 billion loss in mandates with True Potential, attributed to disappointing performance. The five True Potential 7IM funds, introduced in January 2016, will now be absorbed into True Potential's offerings, following a recent evaluation that deemed them as ‘not delivering value.’