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FTSE 250 movers: Ted Baker enjoys a merry Christmas, Just Group declines

Wed, 9th Jan 2019 14:38(Sharecast News) - London's FTSE 250 closed up 1.3% at 18,413.71 on Wednesday, with Ted Baker making strong gains after customers embraced festive deals.

Kuwait pension fund says files lawsuit against UK's Man Group

Wed, 9th Jan 2019 14:09(Adds Man Group response) Jan 9 (Reuters) - Kuwait's Public Institution for Social Security (PIFSS) said on Wednesday it had filed a lawsuit against UK asset manager Man Group Plc and its subsidiaries. The pension fund is seeking $156 million in compensation relating to...

Kuwait pension fund says files lawsuit against UK's MAN Group

Wed, 9th Jan 2019 11:31Jan 9 (Reuters) - Kuwait’s Public Institution for Social Security (PIFSS) said on Wednesday it had filed a lawsuit against UK asset manager MAN Group Plc and its subsidiaries. The pension fund is seeking $156 million in compensation relating to secret contracts between MAN...

Top of the Street: Asset managers, Italian banks

Wed, 12th Dec 2018 10:21A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** JP Morgan sees risks linked to market recession for asset managers sector not yet fully reflected in valuation Downgrades Man Group to 'neutral' as "investment performance has deteriorated not helped...

Britain's FTSE falls again as Brexit uncertainty weighs

Wed, 5th Dec 2018 10:27(For a live blog on European stocks, type LIVE/ in an Eikon news window) UK shares fell to their lowest in nine days on Wednesday, taking their lead from Wall Street, amid worries that Prime Minister Theresa May will struggle to get her Brexit...

StanChart first foreign bank to get China fund custody licence

Mon, 29th Oct 2018 05:35Standard Chartered Bank (China) has become the first foreign bank to be granted a licence to provide custody services to domestic funds and asset managers in China, the bank said on Monday, as Beijing took another step towards opening its capital markets. Since 2017,...

Britain's FTSE erases gains in choppy trade on gambling, energy stocks

Mon, 22nd Oct 2018 16:02* Lloyds lifted by report of big share buyback (Adds details, updates prices) Britain's blue-chip share index gave up earlier gains and slipped into negative territory on Monday in see-saw trade as lower oil prices pressured energy stocks and gambling companies were knocked by...

Monday broker round-up

Mon, 22nd Oct 2018 12:35(Sharecast News) - British Land: Credit Suisse downgrades to underperform with a target price of 620p.

Schroders Q3 assets buoyed by institutions as retail demand falters

Mon, 15th Oct 2018 09:46* Shares down 1.7 pct (Adds detail from statement, share reaction, analyst reaction, bullet points) British investment manager Schroders reported a 0.7 percent increase in third-quarter assets under management, as growth in institutional assets more than offset a fall in those managed for retail clients. Total...

Britain's FTSE stages modest rebound after global sell-off

Fri, 12th Oct 2018 09:34(For a live blog on European stocks, type LIVE/ in an Eikon news window) UK shares staged a modest recovery on Friday after a broad sell-off and a burst of volatility hit stock markets across the globe, amid worries about protectionism and fast-rising U.S....
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