Arc to navigate troubled waters

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Arc Fund Management last month acquired UK distributor Nvesta in a deal worth £410,000. Nvesta is estimated to have about £120 million in funds under management and the acquisition represents a massive increase in Arc's assets under management from its previous level of £25 million. The firm will now be known as Arc Capital and Income, and incorporates employees from Nvesta and Arc Fund Management.

Arc Capital hopes to grow its assets under management to £500 million by the end of the year by

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