Henderson Global Investors is to sell its 40% stake in TIAA Henderson Real Estate for £80m, as its trading update revealed AUM grew by 10% in Q1.
Do markets fare better under Labour or Tories?
Global economic growth could be described as modest at best, so the implications of Greece defaulting on its debt and potentially exiting the EU do not bear thinking about, says Investment Quorum's Peter Lowman.
HSBC shares have jumped 3.5% after the bank launched a full review of its UK domicile in light of increased levies and a possible referendum on EU membership.
Three reasons to 'put capital preservation above greed'
Artemis' Mark Tyndall is stepping aside from his post as senior partner, moving into a non-executive role on 31 December 2015, as John Dodd becomes the group's chairman.
Tesco shares have sunk 5% this afternoon as investors took an increasingly dim view of its £6.4bn full year loss.