Octopus

Fund managers have backed Cadbury's decision to accept Kraft's new increased bid for the confectioner.

Omnis Investments, the joint venture between Openwork and fund manager Octopus, has launched a new multi-asset vehicle offering downside protection.

Multi-tied adviser firm Openwork and product provider Octopus Investments are this year set to join forces to launch a raft of multi-manager funds.

Octopus Investments is launching its first OEIC which will invest in 30-50 UK smaller companies.