Three top-performing UK equity funds run by merging fund houses Schroders and Cazenove Capital are close to reaching capacity.
Schroders is considering having two flagship UK equity funds running alongside each other once its £424m acquisition of Cazenove Capital is complete.
Schroders has agreed a £424m cash offer for Cazenove Capital in a deal that significantly strengthens its private banking, wealth management and funds businesses.
At first glance, Schroders' confirmation that is in talks to acquire Cazenove Capital makes perfect sense.
Schroders is in talks with Cazenove Capital over a possible acquisition of the boutique.
The Battle Against Cancer Investment trust (BACIT) has revealed details of its holdings as it invests an initial £200m worth of assets.
More than two-thirds (69%) of advisers think multi-manager funds will get a boost from the Retail Distribution Review (RDR), an industry poll has found.