Banyard: UK takeover activity 'alive and well' despite Brexit fears
Three holdings bid for
Rosemary Banyard, manager of the SDL Free Spirit fund
Rosemary Banyard, fund manager of the SDL Free Spirit fund, has said M&A activity in the UK market is defying concerns about Brexit and global stability, as she reveals three companies held in her fund have been bid for since the start of August.
The multi-cap fund, which was launched in January, has around 30 holdings in total meaning almost 10% of stocks in the portfolio have been subject to takeover bids. "There is much talk of companies...
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