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Fledgling wealth boutique Progeny races from £1m to £1bn in four years

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Progeny Asset Management has reached £1bn in assets under management four years after launch, driven by inflows into its new investment proposition. Established in 2016 as part of advice firm Progeny, its assets under management (AUM) has risen rapidly to surpass £1bn in April this year from just £1m assets…

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