Up 2.8% to $77 a barrel
95% have charges over 0.7%
UK should develop its own authorised retail investment scheme
Tom O’Hara and Tom Lemaigre join from Exane BNP Paribas and RWC Partners respectively
Stephan Michel and Andrew Lennox join £33bn asset manager
Drop of 90 percentage points in one month
Returns of 140% after buying up debt in 2008
Previously managed by Standard Life Aberdeen