Abrdn set to fold New Dawn trust into Asia Dragon
Circular to shareholders expected to be published in September
Author: Alex Sebastian
-
-
Evelyn Partners ousts Fidelity fund and Asia Dragon trust in MPS rebalance
Changes come as part of latest rebalance of its portfolios
-
Quilter Cheviot adds quartet to business development team
Adam Davey has joined the Glasgow office from Royal London
-
SJP makes raft of management changes to funds in new ‘global’ approach
Changes signal a more global, multi-manager approach
-
Polar Capital tech trust eyes AI-powered resurgence after tough year
The trust’s closing share price was 4.9% down on the year before
-
GAM investors aim to scupper Liontrust takeover bid with rival offer
Offer at a 29.1% premium to the Liontrust proposal
-
Square Mile CIO: Blunt tool of rate hikes will cause corporate casualties
Harries said the ‘fairly blunt tool’ of base rate rises is to blame
-
Another major GAM investor opposes Liontrust deal despite £20m loss forecast
This stance aligns the shareholder with NewGAMe and Bruellan
-
Gresham House set to be bought by US firm for £469.8m
The offer has been recommended by the Gresham board
-
Brooks Macdonald books £100m inflow
Closing FUM of £16.85bn versus £16.79bn at the end of the previous quarter
-
UK GDP falls by less than forecast despite extra bank holiday
The economy contracted by 0.1% in May
-
GAM investor group says firm worth double Liontrust’s offer
GAM board calls for shareholders to accept the deal
