Funds

£23bn of funds affected

AVI called for the removal of the board

£1.5m total tax expenses for first half of the year

Concerns about its expense and complexity

Board accused of 'failure to consult significant shareholders'

Inflows to equity funds drifted lower in July

Sustainable, tech and fixed income set record highs

Trudt to back 'next generation' companies

Persistent discount remains

Managed by Keith Lee and Michael Li