fandc pushes closer to 100bn in aum
Despite outflows of just over £1bn from its third-party institutional business, F&C Asset Management is moving ever closer to running £100bn in assets, according to its latest interim statement.
Despite outflows of just over £1bn from its third-party institutional business, F&C Asset Management is moving ever closer to running £100bn in assets, according to its latest interim statement.
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F&C Investments is to launch a global fund for small caps specialist Catherine Stanley.
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Edward Bramson, the man renowned for the activist ousting of F&C’s former chairman, Nick MacAndrew, has topped up his shares in the company by almost £200,000 in the past few days, Portfolio Adviser can reveal.
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Foreign and Colonial Investment Trust is adopting a more cautious approach to investment in 2013 due to continued economic uncertainty.
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After a great deal of speculation, the much-loved Thames River brand is to be consigned to history as its parent company F&C supersedes it.
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F&C’s group assets under management fell by over £1bn in the final quarter of 2012 from £96.8bn to £95.2bn chiefly due to outflows from its institutional business.
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F&C Asset Management has named Richard Wilson as its new chief executive after an “extensive” search.
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F&C Asset Management has appointed Ross Duncton as head of direct to consumer as part of its strategic plan to bolster direct marketing.
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F&C Asset Management has confirmed the departure of Fatima Luis and three other fixed income employees due to a restructure of its bond proposition, but said there was "nothing sinister" about the integration of Thames River's credit team into its own high yield team.
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Ed Morse, F&C's head of investment trust business development, has left the firm, the latest in a series of high profile departures.
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The amount of money ran by F&C Asset Management dropped by £1.4bn over the third quarter of the year, the latest interim management statement shows.
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Paul Thursby and Peter Geikie-Cobb’s Thames River Global Bond Fund was responsible for the majority of intermediary outflows at F&C last quarter, as the performance of the fund continued to disappoint.
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