F&C chairman Edward Bramson has won the backing of investors including George Soros for a new buyout fund that will target a mid-cap UK company.
The offshore vehicle, Sherborne Investors Guernsey B, will sit alongside the Sherborne Investors Guernsey A, the fund through which Bramson (pictured) holds a 22% stake in F&C. Groups including Soros...
Too early to take a stance
Follows strong period for the precious metal
Headlines over the last few days have screamed about record falls in sterling, record low bond yields and massive falls in equity prices, writes Mike Riddell, fund manager at Allianz Global Investors.
Effective from 1 July
Rand depreciation negatively impacts profits by 16.3%