Ignis Takeover Bids Rejected

Life assurance firm Phoenix Group has rejected a raft of takeover bids for Ignis said to be in the region of £400 million, according to reports. According to Sky News, the bids were made at the end of last year with the news broadcaster claiming Aberdeen Asset Management

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Perpetual appoints Michael Gordon as Group Executive Perpetual Investments

Perpetual Limited (Perpetual) today announced the appointment of Michael Gordon as Group Executive Perpetual Investments. Michael will lead the end-to-end business of Perpetual Investments, which includes product, distribution, operations and the investment management team with $23.6 billion in funds under management. Perpetual CEO Geoff Lloyd said “We

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Threadneedle’s AAA-rated Dicken buys Hargreaves Lansdown on RDR hope

Philip Dicken, manager of the Threadneedle Pan European Smaller Companiesfund, has upped exposure to discount broker Hargreaves Lansdown, arguing the company can navigate headwinds created by the retail distribution review (RDR). Dicken, who heads the European equities desk, has taken advantage of the recent market rally to sell into

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