91 offshore funds added to 17 sectors

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A total of 91 offshore funds have been added across 17 sectors of the Investment Management Association's classification system.

The industry body says the number has grown from the 71 funds initially announced two weeks ago after it received outstanding data from more funds that now meet the requirements. Some 180 funds have applied for inclusion and the IMA now has 69 pending and awaiting the finalisation of queries and data.

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