Nicola Horlick, the City fund manager once dubbed “Superwoman”, is to resurrect the investment management business she set up almost 15 years ago, with plans to raise £10bn over the next five years.

Horlick, who will stand as a Liberal Democrat candidate in Chelsea and Fulham in the upcoming general election, told Financial News that the Bramdean Asset Management business she launched in 2005 will begin to target money from insurers.