UK

More high-quality companies raising capital

Focus on long-term prospects

IPO confidence evaporates

Aviva, Kames and BMO GAM among names to gate products

Raising cash levels

'Can't list fund on a platform unless it's daily dealing'

'Constructive macro view' behind latest additions

Creates 'group of greater scale'

Active funds took 'brunt of selling' during the month

Founders commit $10m seed capital