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True Potential drops 7IM from £1.1bn mandate

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Discretionary fund manager 7IM has lost £1.1bn in mandates with True Potential because of underperformance, the advice business has confirmed. The five co-branded True Potential 7IM funds, which ranged in risk profiles from defensive to aggressive, were launched in January 2016. The mandates will not be passed to a new…

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