Monthly archive for May 2013

Funds Management consortium offer £1bn RBS for branch network

On May 1, 2013 / Fishtank, Industry moves, Invesco Perpetual, Schroders, Threadneedle

Interesting, but brief article in Citywire, highlighting a possible industry disruption from established UK Fund Managers: A consortium of fund groups have offered the Royal Bank of Scotland (RBS) £1 billion for the 316-branch network it is looking to offload on condition of a quick sale. The consortium,

FTfm

MFS owner accused of ‘plundering’ company to fund ‘lavish lifestyle’ May 11, 2026
Administrators file lawsuit alleging at least £1.3bn ‘misappropriated’ from collapsed mortgage firm
UK government unit targets £99bn of investment from Australian pension funds May 10, 2026
Plan will ‘deliver long-term economic growth while boosting our already strong trade relationship’, says minister
Iowa pension chief resigns amid concerns about performance figures May 9, 2026
Former risk officer alleges executives used misleading benchmarks and risk measures to improve results
Retail investors turn away from commercial property holdings May 9, 2026
Rising interest rates and lower demand have hit returns in the past decade
Europe’s €14tn cash pile benefits banks not retail investors, BlackRock warns May 9, 2026
World’s largest asset manager says governments must address under-investment of retail money in capital markets

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