GAM delays results as potential Liontrust takeover looms
GAM expects acquisition talks to come to a ‘successful conclusion’ by 4 May
GAM expects acquisition talks to come to a ‘successful conclusion’ by 4 May
But Royal London was hit hardest as investors pulled over £4bn from active strategies in March
Though the deal still rests on Link Fund Solutions’ sale to Weystone Group
Deal would create a business with around £100bn of assets under management
Assets near the firm’s target of £15bn by the end of FY24
While Aegon’s Diversified Monthly Income fund received the most attention on Square Mile’s Academy of Funds
Richard Hughes leaves after five years
FE Fundinfo’s roll of honour now includes 49 managers
Fund flow data shows investors continue to trim their domestic weightings
Chairman Colin Clark expects more tailwinds after the trust bested much of its sector last year
Danny Knight will cover the firm’s multi-asset proposition, while Nathan Sweeney becomes multi-asset CIO
Investors sought safety in commodities and fixed income during a volatile month