Edition:
United Kingdom

Simon Jessop

Unilever investors gear up for fresh tussle over headquarters

21 Mar 2019

LONDON Some of Unilever's biggest investors in the UK are planning to put renewed pressure on the consumer goods giant to abandon the idea of ditching its dual headquarters in favour of the Netherlands.

Fund managers turn up heat on UK companies over diversity, pensions, audit

20 Mar 2019

LONDON Britain's big public companies will face a grilling by asset managers over their track record on diversity, excessive pension payouts to bosses and poor quality audits when they hold annual shareholder meetings over the coming weeks.

Standard Life Aberdeen wins $133 billion Lloyds mandate dispute

19 Mar 2019

LONDON Standard Life Aberdeen said it has won a legal battle to stop Lloyds cancelling a 100 billion pound ($133 billion) investment management contract early, a decision which could cost the bank hundreds of millions of pounds in extra fees.

Cantor Fitzgerald to expand prime brokerage in Europe: sources

15 Mar 2019

LONDON/NEW YORK U.S. financial services firm Cantor Fitzgerald plans to expand its prime brokerage operations in Europe and has hired Sean Capstick in London to lead the efforts, two sources with knowledge of the matter told Reuters.

British investor group warns laggards over lack of boardroom mix

15 Mar 2019

LONDON Twenty percent of Britain's largest companies have been put on notice by the fund management industry's trade body for failing to have more women represented on their boards.

Standard Life Aberdeen ditches co-CEO roles in board overhaul

14 Mar 2019

LONDON Standard Life Aberdeen has ditched its unusual co-chief executive structure and said Keith Skeoch will be solely in charge as Britain's biggest standalone listed asset manager tries to reverse a prolonged period of underperformance.

FCA to curtail investment platform exit fees

14 Mar 2019

LONDON Britain's financial markets regulator on Thursday proposed a package of measures aimed at improving competition in the investment platforms market, including restricting the use of exit fees.

Aviva Investors EM fund leads Vale sellers in January: Morningstar

08 Mar 2019

LONDON International mutual funds run by Aviva Investors and Principal Global Investors were among the biggest sellers of Brazilian miner Vale's stock in January, data from Morningstar showed.

Aviva to change dividend plans under new CEO

07 Mar 2019

LONDON British insurer Aviva on Thursday said it planned to change the way it pays dividends as part of efforts to cut debt, taking the shine off in-line full-year earnings and sending its shares lower.

World News