F&C

Managers have welcomed the €109bn bailout plan for Greece agreed by European leaders yesterday, saying although sovereign debt crisis is not over, the latest plans are a step towards a solution.

Investment trusts have an inbuilt advantage over of their open-ended peers in the run up to RDR, writes F&C's Ed Morse.

F&C Investments' Julie Dent is set to retire from fund management on 30 September and will hand over the reins of the £490m British Assets investment trust to Phil Doel.

Former chairman of the Investment Management Association (IMA) and previous chief executive of F&C Asset Management Robert Jenkins has been appointed as an external member of the interim Financial Policy Committee (FPC).

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The closed-ended structure is well suited to private equity investment says Hamish Mair, manager of the F&C Private Equity Trust.

Economists shoot down IMF's growth forecasts for UK in anticipation of an increase in GDP.

F&C manager introduces put and call options with greater mega-cap emphasis to enhance yield and bring fund's performance back to top quartile.

F&C Thames River is to streamline its UK fund range next month by merging two of its UK equity funds into larger offerings.