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Following strong inflows

The fund will be available at a flat management fee of 0.9% and will not charge a performance fee.

Harvard Links Billionaire Samwers, Ex-Eton Manager in New Fund

Investor relations chief says London will still be the largest financial centre in Europe after the UK's exit from the EU

To set ourselves apart from such a credible shortlist and to be named the winner is humbling.

UK's defined contribution pension funds are growing rapidly but tend to favour passive investing at present

New investment trust will invest in the music rights of hits songs, from artists such as Adele and Beyonce

The statement was Woolley’s swansong as chief executive ahead of the arrival of former JOHCM boss Gavin Rochussen next month.

It will co-managed by Matt Jones and Hiten Savani.

We have known the founders and partners of CdR Capital for many years and their approach is thoughtful and innovative.

Societe Generale Securities Services will provide custody services for French asset manager Optimum Gestion Financiere.

The balance of the Acquisition would be funded through a combination of existing cash and available debt facilities.

This deal marks the first acquisition by L1 Retail, which was launched in 2016 by Mr Fridman’s holding company LetterOne.

There are no asset dealing charges and investors can withdraw 5 per cent per annum without immediately being taxed.

From the end of March 2016, total net asset values increased by £28.6 billion (12%).

Allianz added the loss will not affect its profit outlook for the year as it had already been taken into account

South African bank hopes to have new funds in place by the end of this year

The ETF is synthetically replicated, trades in British pounds and has a total expense ratio of 0.37%.

The fund has previously backed the West Cornwall Pasty Company during a turnaround period.

The insurer said the loss did not affect its profit outlook for the year, because it had already taken it into account.