The combined business has Assets under Management (AUM) of GBP1.8 billion across the six offices in UK.

The latest move follows Principal’s takeover of Border Asset Management, the independent portfolio specialists on January 2011.

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The combined business has offices in Bath, London, Sevenoaks, Kirkby Lonsdale, Harrogate and Iain Nicholson IM’s base in Ponteland .

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