FUNDS
08 May
Autolus's US IPO plan provides boost for Woodford
neil woodford

Autolus Therapeutics has registered to float its shares in the US to raise up to $100m (£74m) in a fillip for struggling star investor Neil Woodford.

Read full story
08 May
Standard Life Aberdeen contests Lloyds' £109bn fund withdrawal
standard life aberdeen sla

Standard Life Aberdeen said Lloyds Banking Group did not have the right to withdraw £109bn of funds, setting up a legal dispute between the two companies.

Read full story
03 May
Richard Branson to become private equity fund partner
virgin branson

Richard Branson is making his first move into private equity as a partner by seeking €500m (£440m) from institutional investors to buy into consumer businesses.

Read full story
26 Apr
Schroders assets under management fall in first quarter
cbcitylondon

Schroders reported a 2% fall in assets under management in the first quarter as equity markets tumbled.

Read full story
24 Apr
Neil Woodford urges investors to keep the faith after Prothena setback
neil woodford

Neil Woodford urged investors to stick with his investment trust after one of its biggest investments scrapped the most advanced drug in its pipeline.

Read full story
01 Feb
Intermediate Capital increases annual fundraising target
London the City Tower bridge City Hall

Intermediate Capital increased its annual fundraising target by 50% to capitalise on an increase in the number and size of strategies available to the asset manager.

Read full story
03 Jan
Mifid II starts smoothly after late exemptions for futures exchanges
cbmifid2

Implementation of new rules governing European financial markets went smoothly after the UK and Germany gave the continent's biggest futures exchanges last-minute leeway.

Read full story
19 Dec
Old Mutual agrees management buyout of single strategy business
old mutual, insurance

Old Mutual has agreed to sell its single strategy business for £600m in a management buyout led by the division's chief executive Richard Buxton.

Read full story
29 Nov
FCA accuses fund managers of sharing information on share offers
FCA

The Financial Conduct Authority has accused four fund management companies of breaking competition law by sharing information during share offers.

Read full story
23 Nov
Worldwide Healthcare outperforms amid positive Trump effect
drugs pharmaceuticals biotech healthcare btg

Worldwide Healthcare Trust said it outperformed its investment benchmark in the first six months of the year and that perceptions of healthcare stocks had improved under the presidency of Donald Trump.

Read full story