Managers are unhappy with £2.5m pay-off

Sale of Quilter International to complete by year-end

Two new hires for Germany and the Netherlands

Fund based on existing strategy

Other recent signatories include JP Morgan Asset Management and Nikko Asset Management

Trust fell to lowest level since August 2017

Barings has decided to close its Japan Growth Trust after it fell to just £9.2m in assets under management, the investment manager has confirmed to Investment Week.

Report comes after company's collapse in March 2021

Jim Whittington will replace Joe Chi who retires at end of year

Eight months after Foresight floated