F&C plans to acquire boutique fund group Thames River Capital in a deal worth up to £53.6m.
Exactly one year ago, an outbreak of flu in Mexico led to fears of a global pandemic. 'Swine Flu' did indeed spread around the world, however for most countries it had only a limited effect on economic output. We are now facing something that is likely...
Henderson plans to merge away five of its retail funds as the group implements a widespread rationalisation and revamp of its product range a year on from acquiring New Star.
The Lloyds Banking Group, the 41% taxpayer-owned institution, has returned to profit in the first three months of the year.
Prudential's largest shareholder, the Capital Group, is eying a potential break-up of the insurer as a radical alternative to its $35.5bn AIA acquisition.
Congressional investigators yesterday accused Goldman Sachs of taking a "net short" position in the US mortgage market in 2007 that enabled it to benefit from the bursting of the housing bubble.
Cazenove's Neil Pegrum is leaving the firm after five years to take up a role at Soros Fund Management.
Felix Wintle has made some strong sector shifts in his Neptune US Opportunities fund over the past two weeks, after admitting he has been too bearish on the American economy.
Henderson's Bill McQuaker has initiated short positions on the FTSE 100 and S&P 500 across his multi-manager range on expectations of near-term pressures for equity markets.
Henderson SRI manager says expectations of Copenhagen summit were unrealistic