BMO’s F&C takeover approved by shareholders
Shareholders of F&C cast a nearly unanimous vote on Tuesday paving the way for the Bank of Montreals takeover.
ANNOUNCEMENT: UK Adviser is now PA Adviser. Read more.
Shareholders of F&C cast a nearly unanimous vote on Tuesday paving the way for the Bank of Montreals takeover.
F&C global strategist Ted Scott has retired after 30 years at the asset management firm.
F&Cs Gareth Morgan-led emerging Europe equities team is to take on management of the Dublin-listed Eastern European Fund from Nevsky Capital, with effect 30 April.
European asset managers are set to rationalise their fund ranges further, but at a corporate level a widespread M&A spree is unlikely.
The Bank of Montreal has agreed a deal to buy F&C Asset Management for £708m in cash.
F&C’s US Smaller Companies Trust could find its premium come under pressure following the resignation of Robert Siddles, who has decided to join Jupiter.
F&C Investments is to launch a global fund for small caps specialist Catherine Stanley.
First State assembles EM debt team around F&C’s Williamson.
Local political tensions will influence the outcome of the European debt crisis.
Sherborne is continuing to build its stake in the company.
F&C has been forced to call an EGM after activist investor Sherborne called for board changes.
F&C has announced it is to take over management of Nevsky Capital’s Global Emerging Market Fund.