F&C

F&C's Ted Scott is returning to work next week after three months' sick leave.

F&C Asset Management will cut between 60 and 100 jobs under plans to reduce its cost base by 10%.

F&C has made redundancies across its retail sales division in a restructure of its adviser-facing team.

F&C's share price plummeted nearly 15% this morning after weekend reports suggested majority owner Friends Provident was about to start a demerger.

F&C Investments has appointed Oliver Sonnbichler as a fund manager in its multi-manager team.

Bond investors in Lehman Brothers face an anxious few days wait to determine the losses incurred following the bank's weekend bankruptcy.

Friends Provident's sale of F&C and Lombard remains on track but the insurer will not be forced to offload the units unless the price is right, new chief executive Trevor Matthews says.

The IMA's new Strategic Bond sector is a step in the right direction but it will not replace the need for financial advice, warns F&C bond manager Fatima Luis.

F&C has added it Lifestyle range to the Simply Biz and Compliance First Capital Reward scheme, broadening its distribution of funds.

Damaged by the Georgia conflict, Russia's stock market has lost almost a third of its value in the last two months, according to Michael Konstantinov, manager of the Allianz RCM BRIC Stars fund.