schroders

South Korea state-owned oil company KNOC has launched a £1.87bn hostile takeover bid for Dana Petroleum, a figure likely to tempt the Aberdeen-based group's largest shareholder Schroders.

Schroders CIO Alan Brown has urged investors to undertake a major rethink of their traditional asset allocation models after the credit crunch exposed the dangers of static portfolio construction.

CREDIT CRISIS: 3 YEARS ON

RWC Partners is poised to unveil a trio of funds for star recruits Nick Purves and Ian Lance, including a covered call strategy similar to the managers' former Schroder Income Maximiser vehicle.

Schroders' Richard Buxton remains bullish on the long-term earnings potential in the banking sector after the UK's big-four reported strong profits last week.

Barclays shares are 3% lower in early trading despite posting profits of almost £4bn in the first half.

Schroders posted a £1.8bn net retail inflow in the second quarter of the year, helping to propel its first half net retail sales to £5.1bn.

Mark Lyttleton has built up short positions in Schroders and Aberdeen in his £2bn BlackRock UK Absolute Alpha fund.

Schroders head of global equities Virginie Maisonneuve believes the US economy is in a volatile state between weak macro data and strong corporate results.

London's top stocks have given up some of yesterday's triple-digit gains in early trading, with the FTSE 100 down 0.72%.