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GLG shuts Ucits III as £195m target is hit

GLG closed the Ucits III version of its UK alpha select fund on May 5 after the fund reached its asset target of £195m. The fund was launched in February 2010 and is managed by the UK equity team, headed by John White.



Long division

Thameside director Emma Duncan say deciding between an annual bonus or pension contribution is complicated by new rules.

Mutuals’ gross lending up 36%

Gross lending by mutuals was up 36 per cent, from £1.2bn in February to £1.6bn in March, according to figures released today by the Building Societies Association.


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