EFM's funds under management rise to £8.5bn

Edinburgh Fund Managers (EFM), the Scottish asset manager, has enjoyed significant growth in business over the past six months, according to six-month interim results.

The latest results show funds under management rising from £8bn (€13.2bn) to £8.5bn. The company's new Edinburgh Pacific and Income Trust alone has raised around £60m since its launch in June.

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