Funds that are managed by the Association of Solicitor Investment Managers (ASIM) have more than doubled in the past three years, according to the association’s directory, published this week.

The directory also claims that funds managed by solicitors’ firms in general have grown by 20%. At 30 September, 1998 the total managed by ASIM members was £2.392bn, compared to only £1.151bn in 1995.