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The investment vehicle, which is backed by several major British fund firms including Aviva (L:AV), Schroders (L:SDR) and Jupiter Asset Management (L:JUP), said it would continue its dialogue with Barclays “for as long as it appears to be appropriate to do so”.
The investor said it currently holds a 5.9% stake in the lender following recent stock purchases. The Barclays share price has fallen by around 36% in the six months to June 30.