Press Release
17 January 2007
Quarterly Investment Outlook Q1 2007 from F&C Asset Management plc |
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Comment
11 January 2007
UK rate rise - comments from Ian Robinson, Director, UK Credit at F&C Investments |
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Press Release
09 January 2007
"Top-ups, not vouchers will be the true measure of the success of CTFs," says F&C |
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Press Release
08 January 2007
After team rebuild, F&C revamps emerging fund |
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Press Release
14 December 2006
Will bond markets run out of road in 2007? |
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Press Release
14 December 2006
F&C appoints Mike Woodward as Head of Investment Trusts |
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Press Release
13 December 2006
After the party comes the hangover, cautions Scott |
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Press Release
04 December 2006
Santa to bring credit card debt for 14% of families |
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Press Release
27 November 2006
25 business leaders press EU President to take tough line on climate change, says F&C |
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Press Release
15 November 2006
Baronsmead AIM VCT seeks shareholder consent for £10m fund raising |
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Press Release
13 November 2006
Leading ethical funds get ‘positive’ update |
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Company Announcement: Directorate Change
08 November 2006
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Press Release
07 November 2006
Trio of ideas for pre-Budget Report |
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Press Release
06 November 2006
Lack of supply is driving property shares growth worldwide, says F&C |
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Press Release
02 November 2006
CAF Socially Responsible Portfolio officially launches |
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Press Release
02 November 2006
F&C recruits top official from Stern Review to lead response on climate change |
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Press Release
01 November 2006
As the climate gets tougher for corporate bonds, a five year old ‘growth’ fund comes to the rescue of income seekers |
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Press Release
30 October 2006
Stern message maps out way forward on climate change, says F&C |
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Press Release
26 October 2006
F&C appointed as derivatives execution agent to Paternoster |
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Press Release
18 October 2006
FTSE hits a five year high but F&C''s Scott remains cautious |
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Investors' Statement on Transparency in the Extractives Sector
16 October 2006
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Press Release
16 October 2006
Asset managers of $12 trillion back fight against |
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Press Release
10 October 2006
Five years on and the traffic lights are on green for Philbin |
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Press Release
09 October 2006
Doel casts doubt on mega cap consensus |
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Press Release
04 October 2006
F&C endorses Investor Statement on Climate Change |
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Press Release
04 October 2006
You can have your cake and eat it, says F&C |
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Press Release
02 October 2006
“Chinese coal is a burned out story”, says F&C’s Williams |
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Press Release
13 September 2006
Trust investors display an insatiable appetite for yield, says Dent |
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Press Release
13 September 2006
“REITs hold the key to reviving new issuance of zeros”, says Hewitt |
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Press Release
15 August 2006
As new research suggests over £33k degree costs, F&C sets out road map for parents |
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Press Release
09 August 2006
"Don''t get too hung up on valuations," says leading US small cap expert |
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Press Release
09 August 2006
“Ethical” stocks are winning over fund managers,
says F&C
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Press Release
26 July 2006
White knight comes to the rescue of black list fund
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Press Release
21 July 2006
Prepare early for the cost of college, warns F&C |
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Press Release
19 July 2006
US and French companies are shown red and yellow cards by F&C over corporate governance |
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Press Release
06 July 2006
UK Government should take action over local authority schemes’ liabilities, says F&C |
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Press Release
06 July 2006
Large or small, all Dutch pension funds can easily disclose voting record, says F&C |
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Press Release
30 June 2006
Markets welcome Fed statement but Bernanke leaves scope for further surprises, warns F&C’s Niven |
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Press Release
22 June 2006
Hedge funds’ outperformance in uncertain times for equities would benefit European pension funds more, says F&C |
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Press Release
21 June 2006
“We agree, Anthony: investment is a global business,” says F&C |
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Press Release
15 June 2006
“Don’t get hung up on ‘growth’ or ‘value’”
says income guru Scott
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Press Release
14 June 2006
“On a risk / return basis the zero ‘tortoise’ beats the equity ‘hare’,” says Hewitt |
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Press Release
01 June 2006
REITs: still time to widen appeal, says F&C |
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Press Release
31 May 2006
As hurricane season starts, F&C warns of the climate impacts on the insurance sector
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Press Release
25 May 2006
In volatile markets, UK pension funds need to diversify, says F&C
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Press Release
18 May 2006
UK investors shouldn’t overlook the attractions of
convertibles, says F&C
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“Correction not over yet,” says Scott as he buys bonds for the first time in four years
17 May 2006
“Correction not over yet,” says Scott as he buys bonds for the first time in four years |
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“Rosneft should sort out its legal problems before going public in London”, says F&C
27 April 2006
“Rosneft should sort out its legal problems before going public in London”, says F&C |
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"Harness the market to crack climate problem" Air travel should pay for emission cuts too says F&C
29 March 2006
"Harness the market to crack climate problem" Air travel should pay for emission cuts too says F&C
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“Invest on-line to beat the ISA deadline,” says F&C
27 March 2006
“Invest on-line to beat the ISA deadline,” says F&C
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Annual Results for the twelve months to 31 December 2005 (unaudited)
22 March 2006
Annual Results for twelve months to 31 December 2005 (unaudited) |
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F&C Emerging Markets Investment Trust plc - Recommended Scheme of Reconstruction
15 February 2006
F&C Emerging Markets Investment Trust plc - Recommended Scheme of Reconstruction
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Friends Provident – first retail ethical fund to reach £1 billion landmark
06 February 2006
Friends Provident – first retail ethical fund to reach £1 billion landmark
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UK pension trustees should learn from Dutch pragmatism
01 February 2006
UK pension trustees should learn from
Dutch pragmatism |
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Directorate Change
25 January 2006
Directorate Change
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Fleming Family & Partners choose F&C
19 January 2006
Fleming Family & Partners choose F&C
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Pension funds asset/liability gaps widen as
18 January 2006
Pension funds asset/liability gaps widen as
Index Linked Gilt yields plummet
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Market leader Baronsmead set to enter AIM VCT segment
12 January 2006
Market leader Baronsmead set to enter AIM VCT segment |
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F&C Amethyst Fund closes
10 January 2006
F&C Amethyst Fund closes |
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ISIS takes majority stake in leading wine distributor
04 January 2006
ISIS takes majority stake in leading wine distributor |
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First major fund launch of 2006 seeks to ‘hardwire’ stock picking
04 January 2006
First major fund launch of 2006 seeks to ‘hardwire’ stock picking
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Trading Update
21 December 2005
Trading Update |
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“Greatest opportunities for 2006 remain Europe and Japan,” says fund giant F&C
12 December 2005
“Greatest opportunities for 2006 remain Europe and Japan,” says fund giant F&C |
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F&C PROPERTY SELLS RIVERSIDE RETAIL PARK FOR £109.3 M
01 December 2005
F&C PROPERTY SELLS RIVERSIDE RETAIL PARK FOR £109.3 M
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Hedge funds make markets more efficient, says Barthelemy
23 November 2005
Hedge funds make markets more efficient, says Barthelemy |
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F&C ATTRACTS TOP TENANTS TO COLLIER HOUSE, LONDON SW3
22 November 2005
F&C ATTRACTS TOP TENANTS TO COLLIER HOUSE, LONDON SW3
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F&C SELLS PRIME COVENT GARDEN RETAIL PROPERTY
21 November 2005
F&C SELLS PRIME COVENT GARDEN RETAIL PROPERTY
AT 3.65% YIELD
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F&C announces new role – Head of Investments
16 November 2005
F&C announces new role – Head of Investments |
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F&C SELLS BRIGHTON RETAIL PROPERTY FOR £4.7 M
12 November 2005
F&C SELLS BRIGHTON RETAIL PROPERTY FOR £4.7 M
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F&C PROPERTY BRINGS 120,000 SQ FT
08 November 2005
F&C PROPERTY BRINGS 120,000 SQ FT
NEW OFFICE SPACE TO BRISTOL MARKET
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F&C PROPERTY SIGNS HSBC TO KENSINGTON HIGH STREET, LONDON
08 November 2005
F&C PROPERTY SIGNS HSBC TO KENSINGTON HIGH STREET, LONDON
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F&C SIGNS OFSTED TO ITS REFURBISHED WCA BUILDING, BRISTOL
24 October 2005
F&C SIGNS OFSTED TO ITS REFURBISHED WCA BUILDING, BRISTOL
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TESCO TO OPEN IN THE ORCHARDS SHOPPING CENTRE
17 October 2005
TESCO TO OPEN IN THE ORCHARDS SHOPPING CENTRE |
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F&C SECURES KNIGHT FRANK FOR ITS REVAMPED LEEDS OFFICE BUILDING
11 October 2005
F&C SECURES KNIGHT FRANK FOR ITS REVAMPED LEEDS OFFICE BUILDING |
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TWO NEW APPOINTMENTS TO F&C PROPERTY TEAM
10 October 2005
TWO NEW APPOINTMENTS TO F&C PROPERTY TEAM
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TK MAXX AND HOBBYCRAFT SIGN TO ST PETERS WHARF IN MAIDSTONE
10 October 2005
TK MAXX AND HOBBYCRAFT SIGN TO ST PETERS WHARF IN MAIDSTONE |
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F&C PROPERTY ACQUIRES PAGE HOUSE, LONDON WC2
10 October 2005
F&C PROPERTY ACQUIRES PAGE HOUSE, LONDON WC2
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F&C transforms UK equity proposition with team hire
06 October 2005
F&C transforms UK equity proposition with team hire |
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F&C UNVEILS BIRMINGHAM’S LANDMARK 9 COLMORE ROW
29 September 2005
F&C UNVEILS BIRMINGHAM’S LANDMARK 9 COLMORE ROW
FOLLOWING A MULTI-MILLION REFURBISHMENT
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Lasalle sells Portsmouth industrial estate
27 September 2005
LASALLE SELLS PORTSMOUTH INDUSTRIAL ESTATE
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F&C acquires eastleigh retail warehouse for £12m
27 September 2005
F&C ACQUIRES EASTLEIGH RETAIL WAREHOUSE FOR £12 M
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Brookhouse Group acquire Christchurch retail warehouse cluster
27 September 2005
BROOKHOUSE GROUP ACQUIRE CHRISTCHURCH RETAIL WAREHOUSE CLUSTER
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F&C acquires solartron retail park in Farnborough for £46m
27 September 2005
F&C ACQUIRES SOLARTRON RETAIL PARK IN FARNBOROUGH FOR £46 M
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CalPERS selects F&C for its corporate governance resource pool
23 September 2005
CalPERS selects F&C for its corporate governance resource pool
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F&C recruits trio of credit analysts
11 August 2005
F&C recruits trio of credit analysts
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“Cash-strapped students should be hungry for better returns,” warns F&C
10 August 2005
“Cash-strapped students should be hungry for better returns,” warns F&C
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“The South will rise again…”
08 August 2005
“The South will rise again…”
Top US investor says demographics are boosting the southern states |
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US Treasury responds to pension demands with today's re-launch of 30-year bond autions
03 August 2005
US Treasury responds to pension demands with today’s re-launch of 30-year bond auctions
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F&C expands emerging debt desk
28 July 2005
F&C expands emerging debt desk
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F&C recruits Ford to US smaller companies team
19 July 2005
F&C recruits Ford to US smaller companies team
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“We bought a long distance ticket, and we are not prepared to disembark just yet….” Says Tony Brocca
18 July 2005
“We bought a long distance ticket, and we are not prepared to disembark just yet….” Says Tony Broccardo, Chief Investment Officer, F&C Asset Management
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F&C appoints Linda Webb to marketing role
08 July 2005
F&C appoints Linda Webb to marketing role |
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Financial impact of the successful London Olympic bid
06 July 2005
There are plenty of reasons for UK citizens to celebrate London’s successful bid for the 2012 Olympic Games but don’t overestimate the economic impact, says F&C Asset Management. However, despite the relatively modest economic stimulus of hosting the games, fund managers have identified a number of stocks which could be significant beneficiaries of London’s coup at today’s International Olympic Committee meeting in Singapore. |
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“G8 outcomes are vital for the investment community,” says Litvack
05 July 2005
As the world’s most powerful leaders meet this week for the G8 summit in Gleneagles to discuss issues such as climate change and alleviating poverty in Africa, one of the UK’s largest asset managers, F&C, believes that the summit’s outcomes will have a direct impact on investors. Significantly, Karina Litvack, Head of Governance and Socially Responsible Investment at F&C, argues that tackling problems such as bribery and corruption and the spread of HIV/AIDS in developing countries is in the financial self-interest of investors, and therefore companies as well as governments should act on these issues. |
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Cane appointed manager of F&C UK Equity Income
04 July 2005
F&C has appointed Julian Cane, director, UK equities as lead manager on the £258 million F&C UK Equity Income Fund with immediate effect. He will also manage the UK equity portfolio of the F&C Managed Distribution Fund. The move follows a review of F&C’s UK equity income platform which has concluded that the group should offer two distinct styles of equity income product. Michael Gifford, the previous manager of these portfolios, has left the company by mutual agreement. |
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“European high yield sector to receive boost from huge wave of redemptions,” predicts Gaiser
29 June 2005
Concerns about an oversupply of new issues of European high yield debt have now subsided according to Roman Gaiser, a European high yield specialist at F&C Asset Management. Gaiser points to two trends that he believes will underpin the market over the remainder of the year; a wave of high yield bonds reaching maturity and, secondly, buoyant levels of capital market activity that will see some 5% of the market redeem. |
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The latest craze in bond issuance sees companies adopt ‘bank-like’ habits
22 June 2005
According to Ian Robinson, Head of Credit Strategy at F&C, the latest craze in bond issuance is ‘step-up perpetual subordinated corporate debt’. These are bonds with no redemption date but where the issuer has a call option to buy the debt back after a pre-determined number of years. As a hybrid form of capital they sit ahead of the share holders in claims on the issuer’s assets but behind the conventional bondholders in the event of a wind-up. Investors in subordinated debt are rewarded for the extra risk with a higher level of yield.
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F&C appoints Catherine Stanley as Head of UK Small Companies
20 June 2005
F&C Asset Management have today announced that Catherine Stanley has been appointed as Head of UK Smaller Companies. She succeeds Sandy Fleming, who is retiring from F&C at the end of July after nearly 12 years with the company.
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“We’re entering the third phase of a bull market,” predicts Scott
20 June 2005
After a period when markets have been gripped by negative sentiment, a leading fund manager has confessed to being increasingly ‘bullish’ on the outlook for shares. Ted Scott, who holds the coveted Lipper Citywire ‘UK Equity Income Fund Manager of the Year’ award, has reduced defensive holdings in his portfolios and has switched into a variety of small and mid cap stocks which he believes have been oversold.
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"Top UK equity income manager gets hands on 'invest anywhere' fund"
06 June 2005
F&C Asset Management have today announced that Ted Scott, rated as Citywire Lipper “UK Equity Income Fund Manager of the Year”, is to take over the management of the £14.6 million F&C UK Growth & Income Fund from 1 July. Hilary Aldridge, who is deputy manager of the Stewardship Growth and Income funds, will also work on the new fund. This will be the most flexible mandate managed to-date by Scott, who has delivered impressive results with his award-winning ethical Stewardship Income Fund and earned it a place in the influential Principal “White List” of the most consistent high-flying equity income funds. |
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"F&C and ISIS Equity Partners to create new partnership"
01 June 2005
Following recent press speculation F&C Asset Management and its private equity subsidiary, ISIS Equity Partners, have today announced their intention, subject to Financial Services Authority approval, to create a new Limited Liability Partnership (ISIS Equity Partners LLP) to manage their private equity investments. |
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“Companies need to assess the financial impact of HIV/AIDS beyond Africa,” warns new report
19 May 2005
Thursday 19 May (London): A report published today has highlighted the financial risks to companies operating in fast-growth emerging economies from the spread of HIV/AIDS. The 83-page report, HIV/AIDS Beyond Africa: Managing the Financial Impacts, is the result of a unique collaboration between F&C Asset Management, a leading socially responsible fund manager, and the Equity Research department of UBS Investment Bank, one of the world’s leading investment banking and securities firms. |
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“Quantity rather than quality prevails with small cap IPOs,” warns Grant
11 May 2005
Stephen Grant, a leading UK smaller companies fund manager, is concerned about the recent flurry of small cap Initial Public Offerings (IPOs) arguing that the market is being driven by “quantity rather than quality”.
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F&C maps out future governance ‘hot spots’
09 May 2005
F&C Asset Management, the leading global corporate governance specialist, has today issued its third Annual Voting and Governance Report. The report provides detailed analysis of how F&C voted across some 22,830 resolutions during 2004 as well as examples of the types of issues F&C faced, such as board structures, remuneration, capital structures, auditors and internal controls and shareholder resolutions.
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F&C strengthens Japanese equities team
09 May 2005
F&C Asset Management has today announced the appointment of Adrian Hickey as Director, Japanese Equities. Hickey, who has fourteen years experience covering Japanese equities, joins from Shell Pensions Management Services.
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F&C announces senior appointment to US desk
04 May 2005
F&C Asset Management has today announced the appointment of Simon Clinch as Director, US Equities. Clinch joins F&C from Aberdeen Asset Management where he has held the position of Head of North American Equities since October 2004. At F&C he will report to Rupert Della-Porta, Head of US Equities.
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Time to buy credit again – but be selective, says F&C
20 April 2005
Speaking at a press briefing in London today Ian Robinson, head of credit strategy at F&C Asset Management, argued that value has now returned to the corporate bond market following a sharp re-pricing of risk in recent weeks. However, both Robinson and his colleague Fatima Luis, head of retail credit at F&C, warned that investors need to be highly selective as default levels are set to rise.
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ISIS Equity Partners strengthens London team
15 April 2005
ISIS Equity Partners plc (“ISISEP”) is delighted to announce the appointment of Andrew Garside as a team leader within the London new investments team.
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F&C appointed to manage £1.2 billion of Swiss Life UK insurance assets
12 April 2005
F&C Asset Management plc (F&C) has today announced that it has won a significant contract to manage the principal assets of Swiss Life (UK) plc. The appointment follows a tender process resulting from the sale of Swiss Life Group’s UK life insurance business to Resolution Life Group. The contract, which comes into effect from 1 July 2005, will increase F&C’s assets under management by £1.2 billion.
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F&C strengthens team with new Head of Fixed Income
30 March 2005
F&C Asset Management has today announced the appointment of Jacob De Wit as Head of Fixed Income. The appointment follows a decision by Helene Williamson, current Head of Fixed Income, to focus on investment management and to take on the role of Head of Emerging Debt with a view to further developing that area of business including the launch of absolute return products.
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Baronsmead VCT closes over-subscribed in six weeks
22 March 2005
Baronsmead VCT plc, managed by F&C’s private equity arm ISIS Equity Partners, closed its offers today for 2004/05 and 2005/06. Approximately 20 million C shares at 100p per share will be issued for the former offer and approximately 2m for the latter, which will be issued after 6 April 2005. Since the prospectus was issued in early February, the pace of subscriptions has stayed high taking some 15% of the total market over this period (Source: F&C Asset Management plc).
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Shares in largest listed UK property trust begin trading
18 March 2005
Shares in F&C Commercial Property Trust Limited were today admitted to the Official List of the London Stock Exchange. With gross assets of £965 million the company is the largest UK listed closed-ended property trust.
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Annual Results - Year to 31 December 2004 (audited)
17 March 2005
Today, F&C Asset Management plc has announced the Year-End Results to 31 December 2004 |
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Global investor alliance surges to $8.3 trillion
17 March 2005
At a conference in London today a group of 60 international institutional investors representing combined assets of $8.3 trillion have redoubled their support for an inter-governmental effort to boost transparency standards in the oil, gas and mining sectors of developing countries.
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F&C extends ‘open architecture’ product capabilities through strategic partnership with IMS
16 March 2005
F&C Asset Management has today announced a new strategic partnership with Investment Manager Selection Limited (IMS). The agreement establishes IMS as F&C’s partner of choice for the selection of external managers for equity mandates which require a ‘manager of managers’ approach.
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Budget boost for ISAs and CTFs
16 March 2005
Comment on today’s Budget announcement.
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“There’s no need to wait for the introduction of REITs,” says Herrington
10 March 2005
Speaking at a press briefing in London today, Paul Herrington, managing director of F&C Property Asset Management, told journalists: “Investors wanting to get exposure to property need not wait for the introduction of Real Estate Investment Trusts.”
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Ted Scott named as UK’s No. 1 equity income fund manager
07 March 2005
F&C’s Ted Scott has won the UK Equity Income category of the 2005 Lipper Citywire All Stars Awards. The award was based on the risk-adjusted returns he has delivered on the Stewardship Income Fund.
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Inflation-Linked Bond Market Set for Big Growth in 2005, According to F&C
24 February 2005
Pension funds seeking to match future liabilities and concerns about rises in inflation will lead to substantial growth in the market for inflation-linked bonds in 2005, according to F&C Asset Management plc. |
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“It pays dividends to focus on yield,” says Dent
21 February 2005
With free cash flow levels at a 20-year high, companies who return cash to shareholders via dividends are currently striking the right note with income-hungry investors. But according to F&C’s Julie Dent, manager of the 107-year old British Assets Trust plc, this passion for dividends has strong historical precedent.
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F&C announces plans for integrated UCITS 3 range
21 February 2005
F&C Asset Management has today announced proposals for the rationalisation of its range of open-ended onshore funds, a key milestone in the integration of ISIS and F&C. The group also plans to register the entire range of OEICs under UCITS 3, enabling the funds to be marketed across Europe.
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F&C announces new Board members
25 January 2005
F&C Asset Management plc, the pan-European asset management company created in October 2004 from the merger of F&C Management and ISIS Asset Management, has today announced the appointment of Brian Larcombe and Philip Moore to the Board of Directors. |
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"No high street meltdown," says Andrew
13 January 2005
Despite a spate of recent warnings from retailers about disappointing Christmas sales, Steven Andrew, economist at F&C Asset Management, believes that fears about a collapse in consumer spending are overdone.
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Baronsmead VCT 2 offer increased by £2 million
10 January 2005
F&C Asset Management has announced that their current Venture Capital Trust fund raising, the Baronsmead VCT 2 C share issue, is to be increased from £20 to £22 million. To-date the issue has successfully attracted over £19 million of subscriptions.
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Baronsmead VCT 2 on track to reach £20 million
17 December 2004
By 16 December 2004, Baronsmead VCT 2 had issued 15 million shares of the 20 million at 100p per share from the C share September prospectus offer. The pace of subscriptions has stayed firm during the autumn and is on track for our final close during January 2005.
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ISIS Equity Partners floats Staffline on AIM and raises £7.3m
08 December 2004
ISIS Equity Partners plc (“ISIS”) is pleased to announce the flotation of Staffline Recruitment Group plc (“Staffline”) on AIM.
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F&C Launches new Euro Inflation Linked Bond fund to meet pension funds’ increasing demand for real
06 December 2004
F&C Asset Management plc, a leading pan-European asset manager, today launches a Euro denominated €50m Euro Inflation Linked Bond Fund.
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F&C announces new partnership with AIM team
02 December 2004
F&C Asset Management has today confirmed that it has agreed a new partnership with fund managers Bill Brown, Robert Mitchell and Stuart Rollason who are to establish their own investment boutique, focused on investing in small companies. As part of the new arrangement both parties are incentivised to grow the existing clients’ assets and will share in the success of the team.
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ISIS Equity Partners completes the £32m MBO of DVC Sales – the eighth deal in ISIS III LP
22 November 2004
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Baronsmead VCT 2 reaches half-way mark
18 November 2004
By 17 November 2004, Baronsmead VCT 2 had raised £10.5m of the £20m it is seeking from the C share issue offered in its September prospectus.
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F&C announces outsourcing deal with Mellon
16 November 2004
F&C Asset Management, the £118 billion* pan-European fund manager created on 11 October from the merger of F&C and ISIS, has today announced that it has reached heads of agreement with Mellon Financial Corporation to outsource a number of operational functions across the enlarged group.
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ISIS Equity Partners takes strategic stake in high growth LBM Holdings UK Limited in £50 million tra
11 November 2004
The Manchester office of ISIS Equity Partners (‘ISIS’) is delighted to announce the completion of its investment in LBM Holdings UK Limited (‘LBM’), a data and outsourced contact services provider based in Altrincham. ISIS has taken a controlling interest in the business as part of a £50 million transaction.
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Baronsmead VCT 2 takes 22% of VCT market since its September launch
20 October 2004
At the first close on 15 October 2004, Baronsmead VCT 2 had raised £6.15m of the £20m it sought to raise as a C share issue following the publication of the prospectus in September. This represents approximately 22% of all new VCT capital raised over this period as reported to The Tax Shelter Report published by Allenbridge.
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“Government is taking a ‘gamble’ with its priorities”
19 October 2004
Responding to the UK Government’s proposed overhaul of the gambling laws, Jason Hollands, director, head of communication at F&C Asset Management, believes Westminster’s policy-markers need to reassess their sense of policy priorities relating to the savings industry.
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F&C Asset Management announces £65 billion 47-strong bond team
15 October 2004
F&C Asset Management plc, the pan-European fund manager created from the merger of F&C and ISIS, has today announced details of its enlarged Fixed Income division. With 47-members the team is one of the biggest and best resourced fixed income departments in Europe.
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F&C and ISIS announce line-up for £4 billion Global Equities desk
06 October 2004
F&C Management and ISIS Asset Management have today confirmed details of the Global Equities team for the merged group. The company, to be named F&C Asset Management, will come into being on 11 October with the completion of the merger between F&C and ISIS.
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Regulatory Approvals for proposed merger of ISIS Asset Management and F&C Group (Holdings) Ltd
04 October 2004
ISIS announces today that all necessary regulatory consents and approvals required in connection with the proposed merger of ISIS and F&C Group (Holdings) Limited have been obtained. ISIS also announces that the shareholders of ISIS have passed, at the extraordinary general meeting held today, all the resolutions set out in the notice of the EGM contained in the circular of ISIS to its shareholders dated 9 September 2004.
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‘High Alpha’ and ‘Core’ teams form centrepiece of new pan-European structure
04 October 2004
F&C Management and ISIS Asset Management have today announced details of the Pan European equities desk for the combined group. The two companies are expected to complete their merger on 11 October which will create a leading pan-European asset management firm with £118.2 billion under management. The merged company will be named ‘F&C Asset Management plc’.
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Report warns that FTSE companies are failing to manage ‘significant’ risk exposure
23 September 2004
A report issued today highlights ‘biodiversity’ as a growing risk factor for corporations and warns that 61% of FTSE 100 companies in the most sensitive sectors are failing to adequately manage their exposure to it . The 55-page report “Is Biodiversity a Material Risk for Companies?” has been produced by ISIS Asset Management, one of the UK’s largest socially responsible investors .
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F&C and ISIS announce enlarged Strategy team for 'F&C Asset Management'
23 September 2004
F&C Management and ISIS Asset Management have today confirmed details of the Strategy team for the merged group. The company, to be named F&C Asset Management, will come into being next month with the completion of the merger between F&C and ISIS.
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SLR Group Ltd
21 September 2004
ISIS Equity Partners plc (“ISIS”) is pleased to announce its recent investment in SLR, a leading UK environmental consultancy. ISIS has invested £4.85 million as part of the £13 million transaction, which includes senior debt facilities from Lloyds TSB.
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Merger of ISIS Asset Management plc (ISIS) and F&C: Publication of Listing Particulars and Merger Up
10 September 2004
Merger of ISIS Asset Management plc (ISIS) and F&C: Publication of Listing Particulars and Merger Update |
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ISIS named No. 1 for UK equities in ‘Citywire Team All-Stars’ survey
06 September 2004
According to the latest Citywire Team All Stars survey, when it comes to investing in the UK stock market, ISIS Asset Management is the country’s number one fund manager. The report by fund manager data and financial publishing group Citywire is based on the analysis of risk-adjusted performance for individual qualifying fund managers* over the three years to June 2004. In addition to the top UK equity position, the report has also cited ISIS as the top company in the UK Equity Income sector.
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Baronsmead VCT 2 prospectus breaks new ground in VCT shareholder communication
06 September 2004
This week sees the formal launch of a £20 million fund raising drive by Baronsmead VCT 2 plc, one of the longest established and best performing Venture Capital Trusts in the market. The Board has always stressed the importance of improving dialogue with shareholders and this prospectus has been drafted to be especially user friendly for individual investors. The Chairman''s letter on page 1 explains the new issue and is then followed by key facts about the trust plus its record. Unusually, the application form, on page 5, appears after the risk factors but well ahead of the regulatory information. The aim of the fund raising is to increase the portfolio towards 80 qualifying investments.
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Leading activist investor calls for strong ‘whistle-blower protection’
19 August 2004
LONDON: ISIS Asset Management, a leading activist investor, has today launched “First To Know”, a practical guide to whistleblower protection for companies operating internationally, which it has produced in collaboration with TRACE* and the International Business Leaders Forum (IBLF).
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“Don’t bite off more than you can chew”
17 August 2004
Recently introduced changes to the tax treatment of Venture Capital Trusts (VCTs) mean that investors can now receive a headline grabbing 40% income tax rebate, even if they are a basic rate taxpayer. With the appeal of VCTs likely to broaden and a flood of new launches planned from investment firms, ISIS Asset Management, one the largest VCT managers, is warning that both fund managers and investors should take care not to commit more to VCT fund raisings than makes sense.
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Baronsmead VCT 2 offers bonus for early bird investors
11 August 2004
The directors of Baronsmead VCT 2 plc are pleased to announce the Net Asset Value (NAV) of 101.72p per share as at 30 June 2004. In the last quarter, £2.4m was invested into two new unquoted and four Aim-traded investee companies taking the total number of holdings to 60 at that date. The portfolio size has since increased to 62 and the level of qualifying VCT investments is now approximately 82%.
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ISIS Deliver Directly
09 August 2004
ISIS Equity Partners plc ("ISIS") is pleased to announce the completion of the management-buy-out of Occam Direct Marketing Limited ("Occam"). ISIS has invested £5.25 million as part of the £12m MBO. KPMG Corporate Finance originated the transaction and advised management and newco. Senior debt facilities were provided by Barclays Leveraged Finance.
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