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Swiss manager backs London with dual listing

A Swiss asset manager has shown confidence in London as a financial centre by revealing plans to list its flagship fund of hedge funds in the UK capital, despite some of the largest funds on the London Stock Exchange being forced to offer investors votes on their future amid falling share prices.

LGT Capital Partners will dual list its $546m (€393m) Castle Alternative Invest fund in London on June 5. The fund already has shares trading in Zurich.

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