FUNDS
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.

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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.

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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.

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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.

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