Goldman Sachs Asset Management (GSAM) is believed to have become the fourth firm bidding for a £109bn investment contract put up for tender by Lloyds Banking Group, joining BlackRock, Schroders and J.P.Morgan Asset Management (JPMAM).
According to Sky News, GSAM are participating in a second round of bidding for the Lloyds Banking Group deal. The firm has seen significant growth in the past few years and manages $1.5trn globally. ...
Months of negotiations
PARTNER INSIGHT: Ian Lance and Nick Purves, managers of the TM RWC UK Equity Income Fund, analyse the tug of war between value and growth that is being observed in markets today and why the future for value investing looks bright.
PARTNER INSIGHT: Ian Lance and Nick Purves, portfolio manager of the TM RWC UK Equity Income Fund, discuss the opportunity shift from growth to value after ten years of underperformance.
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Increased by ten percentage points