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‘Just 150 people’ will control UK funds

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Only a small number of decision makers control the fortunes of the UK’s fund management industry, resulting in a “winner-takes-all” market that is threatening the livelihood of many asset managers. According to Deloitte, the financial services group, the number of “gatekeepers” that direct new money flows is falling, hampering the…

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Click here to read the full story: FT

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