Schroders' Richard Buxton has defended his banking positions, saying troubled UK lenders could be returning 15% on equity by 2015.
The head of UK equities has 9% of his £2.5bn UK Alpha Plus fund in banks, with Lloyds among the fund’s top 10 positions at 3.5%. The manager also holds RBS, Barclays and Standard Chartered within the portfolio....
Calling for 'imaginative and creative' approach to negotiations
Plans for transitional 'standstill' deal
Concerns over ballooning debt
Janus Henderson recruits Columbia Threadneedle's fixed income head Cielinski amid bond team restructure
Cielinski joining firm on 1 November