Shares in private equity firm 3i have risen 3% today after it revealed activist investor Edward Bramson had been buying shares via his Sherborne vehicle.
F&C Investments has launched the first capital protected RDR-compliant share class in the UK for its Lifestyle range and other multi-manager funds run by Gary Potter and Rob Burdett.
F&C Asset Management has appointed the head of its institutional business, Richard Wilson, as its new chief executive.
F&C has appointed Ross Duncton to spearhead its new direct to consumer push, part of chairman Edward Bramson's strategic review of the business.
F&C Investments has overhauled its fixed income arm, with six members of the team - including fund manager Fatima Luis - exiting the business.
Ed Morse, head of investment trust business development at F&C Investments, has left the firm to pursue a new opportunity in the industry.