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Cheeseman departs F&C as Thames River takes on MM funds
Added 02 September by Gary Shepherd
F&C’s UK retail multi-manager head Dean Cheeseman and fund manager Oliver Sonnbichler are to leave the firm following the migration of its fund of funds range to newly-acquired Thames River Capital.
RBS to cut 3,500 more jobs
Added 02 September by Simon DanaherTaxpayer-owned Royal Bank of Scotland is planning to cut a further 3,500 jobs mainly from its technical and back office division in the UK.
PA ANALYSIS: Gartmore no worse off with Williams' departure
Added 02 September by Gary CorcoranThe high profile Gervais Williams leaving Gartmore has been described as "no great loss" so does this mean that Gartmore or the UK equity team is better off as a result?
MORE News
- BlackRock to close its Japan Equity Fund
- IMF calls for global fiscal reform and warns UK over debt
- South African multi-manager Stanlib transfers $510m to FundQuest
- LVAM adds sterling hedged share class to European Growth fund
- Frontier appoints head of intermediary business
- November takes on director of equities role at SWIP
- F&C poised to complete Thames River deal
- Maltese investment firm in row over Belgravia fund group collapse
- Aegon appoints new head of European product and marketing
- Henderson Private Equity Investment Trust to be liquidated
- Société Générale names new head of ETF client relationships
- Castlestone to launch Next 11 emerging markets fund
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Strong manaufacturing figures for China and US
The latest manufacturing figures for China and the US showed stronger than expected figures in August.
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