Liontrust’s former CEO, Nigel Legge, is launching Vinculum Fund Management, Investment Week reports. Vinculum, which aims to remove human error from stock selection, is awaiting regulatory authorizations. The new company is planning to offer its investment approach through a long-only Oeic initially, with additional funds offering regional variations of the process also planned. Legge, who co-founded Liontrust in 1994, is a partner and co-founder of the new venture.
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