F&C reports £4.9bn outflow in Q4 and closes listed hedge fund
F&C Investments recorded a £4.9bn outflow in the fourth quarter of 2012, with AUM hit by strategic partner withdrawals and redemptions in its wholesale business.
F&C said the largest contribution to outflows in the quarter was the withdrawal of £2.4bn of fixed income assets managed for Friends Life, taking overall strategic partner outflows to £3.6bn. The firm...
More on Investment
Japanese equity funds see record outflows ahead of snap election
$4.4bn weekly outflows
AIC names new chairman as Arthur steps down
Appointing Aberdeen Standard's Hemming as deputy chair
Leaviss: Reasons why Trump should reappoint Yellen for second term
'Part of the Washington swamp'
SLI launches positive screening Global Equity Impact fund
High-conviction portfolio
More news
HMRC: Number of VCTs raising funds falling despite booming inflows
38 VCTs raised funds in 2016-17
Japanese equity funds see record outflows ahead of snap election
$4.4bn weekly outflows
Jupiter launches levered absolute return fund for Clunie
Double the size of holdings in existing AR fund
Treasury select committee hits out at BoE's lack of diversity 'at most senior level'
Urging Treasury to appoint more women
China's central bank warns of 'Minsky Moment' amid ballooning debt
China's debt could reach $7.6trn by year-end