Electra Private Equity has urged shareholders to reject a fresh approach from activist investors Edward Bramson after he wrote a critical letter to Electra's shareholders.
The Skandia name is to disappear as the group rebrands as Old Mutual Wealth across all UK operations.
The collapse of Phones 4u has acted as a ‘wake-up call' for high yield bond investors, impacting prices just as indices begin to recover from the summer sell-off.
Invesco Perpetual Global Opportunities
Aberdeen Asset Management is set to cut fees on two of its offshore short-term bond funds, Investment Week can reveal.
The Investment Management Association made a profit of £188,000 in 2013, reversing losses from 2012, after a significant jump in revenues from membership fees.
Franklin Templeton's Dylan Ball has predicted an equity market rotation to value stocks can continue for another six years at least.
'Investors should expect nothing from bonds’