Profits at Fulcrum Asset Management, the multi-strategy investment manager co-founded a decade ago by former Goldman Sachs executives, surged last year to their highest level since before the financial crisis.

London-based Fulcrum's profits rose to £2.1 million in 2013, according to its latest accounts at Companies House, from £1.1 million in the nine months from April to December 2012 - Fulcrum's accounting year ran to the end of March before the firm switched to a calendar-year reporting basis last year.