GAM dismisses Rock’s ‘insufficient’ alternative financing plan
Rock suggested the asset manager issue a £22m convertible bond
Rock suggested the asset manager issue a £22m convertible bond
Orbis Global Balanced also among the seven new ratings
Rising interest rates, widening discounts and fixed income inflows have bruised assets
The meeting was planned to give shareholders a vote on proposals made by Rock Investment
Royal London and Abrdn money market funds among the most bought
Board ‘determined’ to go forward as planned despite Liontrust offer period extension
FCA has granted approval for the proposed takeover
CEO John Ions criticised the investor group’s proposal, accusing them of being ‘long on rhetoric’ but ‘short on detail’
The offer period was due to end on 25 July but was twice extended
Shareholders have until 4 August to weigh up the proposed takeover
Seven investment experts set out their thoughts on the outlook for passive investing, fixed income, India and more
L&G Artificial Intelligence fund returned 36.25% over the first six months of the year