Amvescap weighs down on FTSE

The fund manager has retreated as much as 34.5p or 8% to 381.5p, after Canada based mutual-fund company, CI Fund Management retracted its plans for a hostile takeover bid. Royal Bank of Scotland Group is also 40p lower to 1663p, despite a 10% or £2.53bn increase in first-half earnings. Barclays is also trading 5p lower to 557p. Imperial Chemical Industries meanwhile leads gainers, adding 11.5p to 281.75p, after reporting a second-quarter net income of £110m, well above analysts estimates. Unilever has also profited 18p to 569p. In Tokyo the Nikkei 225 Stock Average shed 0.8% to 11...