F&C Asset Management has appointed Lazard and Lexicon Partners to help decide on its future. F&C c...
F&C Asset Management has appointed Lazard and Lexicon Partners to help decide on its future. F&C chief executive Alain Grisay said the group had excellent prospects as a standalone company, but is reviewing all options after Friends Provident said it aimed to sell its 52% majority stake in the UK manager. He said the firm is considering a sale or remaining independent through a management buyout of Friends Provident. The news comes after the firm disclosed its asset under management fell from £104.1bn to £103.6bn. Lazard & Lexicon is an independent corporate finance advisory firm based ...
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