£1.7m performance fees
$540bn of net inflows in 2021
Positive market movement adds £1.4bn in Q4
Refreshed strategy and senior hires
Financial year 'clearly divides pre- and post-Covid-19'
Previous assumptions "no longer tenable"
Fund value plunges 94% over three years
Business has diversified to four portfolio management teams
Calls for "new energy and impetus"
Spotting signs that other UK funds could suffer similar issues