Metaverse funds in Europe have seen assets surge to an all-time high, fuelled by growing hype around AI stocks
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Underperforming funds are raking in £463m in fees for asset managers, according to Bestinvest's latest rankings
Fitzgerald took on the newly created distribution role in April 2019
Firm aims to position itself to capitalise on the fervour around digital assets if and when regulators approve them
A deal may also trigger a power struggle between Invesco boss Marty Flanagan and State Street's chief Cyrus Taraporevala
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