US investment house Lord Abbett has sold its holding in Fuji-Lord Abbett, the manager at the top of the UK Caps mixed with property league table over three and five years.

Fuji Bank, the other joint venture partner, has purchased Lord Abbett's shares and renamed the company Fuji Investment Management (Europe). The capital of the company, which has £850m (&#83641.36bn) under management, is therefore unchanged.