A SOUTH Lakeland financial firm is set to expand its operations by launching a series of new investment funds.

Financial Management Bureau (FMB) has teamed up with leading UK investment house, Marlborough Fund Managers, to launch the new funds both nationally and locally.

The new venture, which could lead to the creation of new jobs by the business, starts with a range of Maze funds and represents the first offering of its kind for a Kendal-based financial services firm since the days of the now-defunct Provincial brand.

FMB, based at Shenstone House, claims to be the second largest independent financial advice firm in Cumbria, and the move into producing and marketing its own investment funds will give FMB access to the lucrative UK financial services retail market.

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