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A team of Somerset portfolio managers will join Polen Capital's emerging markets team in London

Asset Management Correspondent

Polen Capital, the $60bn US-based investment manager, will take over the UK funds of Somerset Capital Management — the collapsed emerging-markets boutique co-founded by Conservative MP Sir Jacob Rees-Mogg.

 that it was winding down, having lost a key mandate from UK wealth manager St James's Place that accounted for around two-thirds of its assets under management.

Polen Capital strikes deal for Somerset Capital’s UK funds

David Ricketts

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