Silver lining for Liontrust as share price drop slices £50m off Majedie takeover
FTSE 250 fund manager’s shares have tumbled over 45% since December
Companies
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River and Mercantile swings to a loss as Assetco takeover looms
Fund group says outflows since announcement of Dan Hanbury’s departure have been ‘modest’
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SJP partner firm merges with two financial planning companies
Expansion is ‘testament to the growing demand’ for advice
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Greenlight to fold two Share Centre funds into Investec strategies
With investors set to vote on fate of third multi-manager fund at EGM on 30 March
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Hawksmoor assets surge to £2.7bn as it absorbs Wellian
Richard Philbin to lead new Investment Solutions division
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Activist investors call for removal of Wisdomtree CEO and board shake-up
ETFS and Lion Point claim management team have destroyed $400m in value
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Gresham House bows out of trust with 24% stake sale
Shareholders voted to shut down Gresham House Strategic in December but a U-turn could be on the cards
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BMO Gam funds to rebrand under Columbia Threadneedle moniker
Change marks ‘significant milestone’ in integration of the two firms
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Raven Property to de-list after Russian sanctions make it ‘impracticable’ to carry on
Quilter and Schroders major stakeholders in Russian warehouse company formerly championed by Woodford
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Russian exodus makes space on FTSE 250 for Abrdn and Neuberger Berman trusts
FTSE Russell ousting Evraz and Polymetal International along with two other firms
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Baillie Gifford endures third month of redemptions as investors pull £1.2bn
While Vanguard suffers ‘rare net outflow’
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Is there such a thing as a ‘good’ performance fee?
‘It should not be like winning the lottery – you want managers to outperform the following year, not think about early retirement’