City AM has today launched a new monthly magazine called Money.
The free London daily newspaper, which recorded an average circulation of 108,052 last month, also has two other supplements, lifestyle magazine Bespoke and property title Bespoke Living.
Money is run by City AM's business features editor, Tom Welsh, and will be targeted at "self-directed investors". The deputy editor of the title is Annabelle Williams, who has joined from Investment Week.
City AM said in a press release: "Editorial will focus on financial products and trends, from ISAs and pensions, to crowd-funding and other alternative forms of investment."
It said that Money's "advertising partners" include Aberdeen Asset Management, Fidelity, Jupiter, Alliance Trust, HSBC and Crowd Cube.
Marc Sidwell, executive editor of City AM, said: “A financial supplement was a natural extension for us, as our readers earn three times the national average and have shown a clear appetite for in-depth financial news and advice.
"The launch of Money is just part of a committed brand expansion for City A.M. as we approach our 10th anniversary later this year.”