The government could have reaped more value from the Royal Mail sale it if had been less cautious and better controlled access to shares, the National Audit Office has said.
Invesco Perpetual has announced that Mark Barnett's Invesco Perpetual High Income fund will move out of the IMA Equity Income sector and into the IMA UK All Companies sector on 31 March.
Invesco Perpetual has made three appointments to its UK equities team.
Stephen Lansdown has sold off another significant stake in Hargreaves Lansdown, the business he co-founded.
Shares in Lloyds Banking Group fell more than 5% this morning after the government sold another 7.8% of its stake in the bank last night.
Standard Life Investments (SLI) has agreed a £390m deal to acquire Ignis Asset Management from Phoenix Group.
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