Long term investment for my child - help!

Hi all,
I am hoping someone can advise me. I wish to invest some money for my son who was born 5 days ago.
I say 'invest' because I have a high risk attitude and would prefer to start something with potential for bigger gains than a savings account (I am aware of the potential to lose also).
I want to invest £100 per month (and perhaps ad-hoc sums).
I have been looking at various investments from ISA's to actively managed funds (which appear to have much higher charges).
Its all getting rather complex working out the effect of charges against what I am paying in etc.
Has anyone else looked at this? Or can anyone advise a good investment vehicle considering my attitude to risk and the amount I am investing? I should point out that a scheme that is completely self managed is out of the question (time and knowledge restrictions!)
I'd be really greatful for any help!
Many thanks :-)
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