Titan Wealth is to close its multi-asset range of funds next month,
According to a report in Investment Week a spokesperson for Titan said: “We can confirm that the funds will close at the end of September,” without giving any further details.
The reason for these closures remains unclear, and there is currently also a lack of clarity over whether Titan will absorb the cost of the fund closures or the options that will be presented to investors.
The news follows Tavistock’s termination of its partnership with Titan last month.
