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Last year the UK IC market overtook its US peer for the first time
In 2020 the UK investment company market overtook its US peer for the first time and now, with assets at an all-time high of £265bn, compared to the $306bn (£223bn) in the US, the UK market looks set to have a significant edge over the long term, according to experts.
While the UK market has been growing, figures from the 2021 Investment Company Fact Book show the US is declining, with the number of US closed-ended funds (CEFs) available to investors shrinking for the...
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