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JP Morgan Cazenove favourite for Insight float

JP Morgan Cazenove is favourite to lead the £500m (€720m) initial public offering of a buy-to-let property fund from Insight Investment, the asset management arm of UK banking group HBOS.

Last June JP Morgan Cazenove was sole bookrunner on the £272m initial public offering of Insight Foundation Property Trust, Insight's listed property fund.

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