Liontrust removes FMS exit condition and extends GAM offer period
NewGAMe had urged shareholders to hold off on supporting the takeover
Companies
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AJ Bell assets under advice reaches record £69.8bn
Net inflows tick down year-on-year to £1.1bn in quarter to 30 June
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More CEOs named Andrew and Simon than female leaders in FTSE 100
Not a single female CEO of colour in the blue-chip index, according to Equality Group
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GAM investors aim to scupper Liontrust takeover bid with rival offer
Offer at a 29.1% premium to the Liontrust proposal
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Another major GAM investor opposes Liontrust deal despite £20m loss forecast
This stance aligns the shareholder with NewGAMe and Bruellan
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Half of Europe’s asset managers yet to achieve 40% female representation on boards
Though boardrooms have ‘visibly evolved’, according to EY Investors Boardroom Monitor
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Gresham House set to be bought by US firm for £469.8m
The offer has been recommended by the Gresham board
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Liontrust: John Ions urges GAM shareholders to back takeover
‘The clock is now at one minute to midnight for the future of GAM’
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Janus Henderson: Global company debt reaches record $7.8trn
Pre-tax profits and dividends also hit highs in 2022/23
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Caledonia to kick-start 7IM sale process – reports
Rumoured to have given prospective buyers until the end of July to table offers
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Brooks Macdonald books £100m inflow
Closing FUM of £16.85bn versus £16.79bn at the end of the previous quarter
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Close Brothers considering sale of wealth management arm – reports
Allegedly working with Goldman Sachs on a review of the business
