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Could damage active management industry
To protect the interests of clients and shareholders
Research following Woodford gating
Succession risk
Top five holdings make up 45%
LTIT to see fees cut from 0.65% to 0.6% next month
Grows pre-tax profits by 46%
Rathbones, Schroders and HL rallied last month
Bought asset manager on 2018 price dip
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