Elliott Boosts Stakes In F&C To 11 Percent

Mani

Published onFebruary 27, 2014

Updated on May 13, 2021

Elliott Management has enhanced its stake in F&C Asset Management with an 11% derivatives stake, according to a report from Financial Times.

Elliott’s position worth about £80 million was acquired through a bulk trade on Tuesday night, the Financial Times report reveals.

F&C in several funds’ radars

Last month, Polygon Global Investors, LLC in its letter to investors revealed that it holds a significant stake in F&C Asset Management plc (LON:FCAM), which was up 35%...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Elliott Boosts Stakes In F&C To 11 Percent

F&C in several funds’ radars

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