Industry commentators have been predicting larger scale fund range rationalisations for some time, as regulatory and commercial pressures build in this area.
But although mergers and liquidations are continuing across Europe, there has been little impact in terms of a reduction in the overall number of funds. Providers launched 1,027 funds in the first half...
38 VCTs raised funds in 2016-17
$4.4bn weekly outflows
Double the size of holdings in existing AR fund
Urging Treasury to appoint more women
China's debt could reach $7.6trn by year-end