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Dragon shuns investment managers

"Acute loss of trust" amongst the ultra rich

James Caan, the UK entrepreneur, has said he increasingly prefers to manage his money himself, rather than leaving it in the hands of a fund manager, in a wealth survey sponsored by SG Private Banking which says he is far from alone.

The £65m Dragon's Den star is quoted in the report researched by the Economist Intelligence Unit: He said: "Where I've had investments with professional firms and they've failed to deliver, it has made me think even more so that I should do it myself.

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