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Murray Johnstone denies it is up for sale

Fund manager Murray Johnstone has hit back at claims that it is up for sale.


Last week reports suggested that the Glasgow-based fund manager, which specialises in investment trusts, was being put for sale by its US owner United Asset Management.


It vehemently denies the reports saying that UAM is backing them to expand. Managing director Giles Weaver says he got a telephone call from UAM to quosh the speculation.

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