Private equity managers defend sector following backlash from Morrisons buyout
Comes after major shareholder LGIM warns against private equity firms taking over supermarket chain for ‘the wrong reasons’
Comes after major shareholder LGIM warns against private equity firms taking over supermarket chain for ‘the wrong reasons’
AUM is up 71% in the financial year-to-date as demand for sustainable products persists
The cut, while welcome, ‘isn’t going to make a huge difference’, according to one adviser
Baillie Gifford American Fund came out on top in June, returning 16.7%
Highest single year of growth, according to CEO
Weaknesses found in governance structures, conflicts of interest management and operational controls
Colin Moore to retire after 20 years at the firm
But maintains its £23.5m dividend