News

The Schroders-managed West End of London property trust is seeking to raise over £100m via an AIM listing giving investors access to its Jersey-domiciled vehicle.

Insurer Aviva has strengthened its balance sheet by selling its 34 million share stake in Dutch insurer Delta Lloyd via a private placing.

Two former employees of HBOS have been arrested along with a string of other suspects following an investigation into loans offered by the bank prior to its collapse.

Equities were the best-selling asset class for the third month running in November, according to the latest IMA sales figures.

BLUE CHIPS

Premier has hired former Framlington CIO Neil Birrell to run its £63m Alternative Strategies fund, after co-manager Raj Hallen exited the firm.

L&G Investments' managing director of investments Simon Ellis has left the firm.

Charles Deptford, manager of the Smith & Williamson UK Equity Growth and UK Equity Income trusts, has left the firm.

The FTSE 100 has started to recover during this morning's trading, after its first poor finish since the start of the year on Monday.

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.