F&C
F&C Asset Management has told investors it expects to take a £2.3bn hit to its assets under management this year when Friends Life withdraws money from its annuities business.
Shares in Hargreaves Lansdown fell almost 3% today after RBS downgraded the business from 'hold' to 'sell'.
Warren Buffett's retail favourite Tesco has seen its shares plunge 14.2% following a profit warning today.
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Sherborne Investors’ Edward Bramson’s eagerly-awaited strategic review into F&C has laid out plans to cut costs, leading to staff redundancies.
Annabel Brodie-Smith, communications director of the Association of Investment Companies, says the ability to retain dividends is a key benefit of the investment trust structure.
It has been another busy week in the world of financial services...
It has been another busy week in the world of financial services...
As Barack Obama and S&P continue their public spat over the ratings agency’s downgrading of America’s Triple A credit rating, just how much importance should advisers place on a downgrade?
F&C's Ted Scott said if UK equities dive a further 5% they will be worth stockpiling, despite the risk of a double-dip recession.
Investors are flocking to safe haven UK government bonds as they seek shelter from turbulent global markets.
Who moved where in another busy week in financial services...
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.
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