Funds under management at UK-based Shore Capital are expected to be over $2.3 billion at the end of February 2007, according to final results issued today. Revenue for 2006 was up 52.2 per cent at £42.1 million, and profit before tax was 20.1 million, up 58.5 per cent. Five new funds were launched in 2006, including a hedge fund, which has had an extremely strong start to date in its first quarter, according to the company, and a German property fund.