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Minority shareholders in F&C Commercial Property trust (FCPT) have rejected a proposed takeover by Ignis-managed UK Commercial Property trust (UKCPT) to create a £1.6bn vehicle.
The Witan investment trust has handed a £120m pan-European mandate to Marathon Asset Management.
RDR will force IFAs to recommend investment trusts as part of their advice to clients, according to the FSA.
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Blogs
The Keydata saga was further complicated this week as a row broke out between Norwich & Peterborough and the FOS over the sales of Keydata plans through the building society.
If you have been reading the national press in recent weeks you could be excused for thinking the actively managed fund industry was on its last legs.
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The “Structured Products” industry has come a long way over the last few years and in my opinion has evolved, and not devolved itself, alongside the more traditional investment markets.
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