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Turcan Connell Investment Funds Reach £450m

23 November 2006

Turcan Connell has announced that client funds under management have grown to £450 million in the nine years since the firm was established.

"The average client investment is £600,000," said Alex Montgomery, head of investment management, "but there is a substantial range between the smallest funds and the largest. We cater for the small, £3,000 investments for children, right up to a lot of multi-million-pound deals."

The discretionary investment business looks after portfolios for private clients, charities, trusts and pension funds. But Turcan Connell has two open-ended investment companies (OEICs), which have £8.5m.

Since being set up almost three years ago, both the balanced and income portfolios have outperformed their indices. The balanced portfolio has grown by 12.5% in the last year and income portfolio has grown by 7.5%.

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For further information contact
Tom Govan, Marketing and Communications Manager
Tel: 0131 228 8111
Mobile: 07779 579737
DD: 0131 659 8689
E-mail: tg@turcanconnell.com

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