Equities
Equities
BP has moved to offload a chunk of its oil and gas fields in the Gulf of Mexico in a deal worth $5.5bn (£3.4bn), as the oil major continues to raise cash to cover the cost of the catastrophe in 2010.
10 September 2012
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1 min read
Investment
UK asset managers are readying their contingency plans to cope with a possible ‘Grexit' as the beleaguered economy returns to the spotlight, despite ECB president Mario Draghi providing a boost for European markets last week.
10 September 2012
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4 min read
Wealth managers
GLG has unveiled RDR-ready unbundled share classes across its UK-domiciled range.
10 September 2012
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Equities
Principal Global Investors has unveiled a US income product to be managed by its US-based affiliate Edge Asset Management.
10 September 2012
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Emerging markets
Liontrust Asset Management has closed its Dublin-domiciled Emerging Markets Opportunities fund and fund managers Eoghan Flanagan and James Mellersh are set to leave the firm.
07 September 2012
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Equities
The managers of the £83m Aviva Investors UK Smaller Companies fund, Toby Belsom and Robin West, name five UK smaller companies set to benefit from an uptick in consumer spending.
07 September 2012
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3 min read
