Pfizers calls on asset managers prove fruitless
Pfizers attempt to coax AstraZeneca’s major shareholders into forcing its board to negotiate on a potential takeover ultimately come to nothing
United Kingdom
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Fidelity targets index tracker dominance
Fidelity Worldwide Investments has cut the costs of its equity range of index products in an effort to become the dominant player in the space.
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brooks macdonald funds hires development manager
In the newly-created role David Scammel is responsible for promoting and distributing a range of funds internationally and in the south-west of England.
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AXA Wealth platform hits 8bn
Assets on its adviser investment platform Elevate reached £8bn
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close nrothers am grows assets to almost 10bn
The asset manager saw AUM rise by 4% in the latest quarter.
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how endangered is the royal mails dividend
Despite positive results, Britains oldest postal institution is facing risks for its dividend.
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Market optimism still dampened by EM worries
Periodic mini-crises have forced central banks to take aggressive action to shore up their currencies, often at the expense of the outlook for domestic growth, writes Threadneedle’s Mark Burgess.
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nick mustoe plans to increase asia exposure
The manager of the Global Equity Income fund plans to increase exposure by 3-4% in the next months.
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River and Mercantile confirms London IPO plan
Company planning to raise £12m through London Stock Exchange IPO
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amundi launches global bond and currency fund
The fund launch comes in response to Europes changing fixed income environment.
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assessing the risks as markets normalise
The road back to normality is likely to be bumpy as the Fed reduces its asset purchases, according to the co-head of the multi asset team at Henderson Global Investors.
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kames backs gov bonds despite negative return fear
According to David Roberts, head of fixed income at Kames Capital, investors can be making small positive returns.