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ABN Amro passes the£1bn mark in five years

ABN Amro Asset Management passed the £1bn under management mark last

week, just five years after it launched into the UK market.

The Dutch bank began its UK campaign in 1996 when it acquired Carrington

Pembroke, and has seen assets double in the past year alone.

Its success comes on the back of a strong year for star UK growth fund

manager Nigel Thomas. The £530m fund was one of this year&#39s biggest

Isa season sellers. The growth fund is currently third out of 245 funds in

the UK All Companies sector over three years.

Thomas recently quit the management of Solus UK special situations fund to

launch ABN Amro&#39s own equivalent – the ABN Amro UK select opportunities

fund.

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