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F&C deal could spark Aviva/Standard Life clash
by Dylan Lobo on Jan 28, 2014 at 14:36
According to Reuters, three retail funds accounted for part of the SLI stake towards the end of last year. Karen's Robertson's UK Equity Income and UK Equity Growth funds held 0.68% and 0.23% at 31 October and 30 September respectively, while the firm's Ethical fund owned a 0.13% interest in September.
Other top investors in F&C included Sanjeev Shah, who owned 4.48% via his Fidelity Special Situations fund at the end of December before he handed the fund to Alex Wright. Meanwhile the team of Leigh Harrison and Richard Colwell controlled 1.46% through their Threadneedle UK Equity Alpha Income fund on 31 October.
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As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.
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- Aviva Investors UK Equity Income SC 1
- Standard Life Inv UK Equity High Income Ret Inc
- Standard Life Inv UK Equity Growth Ret Acc
- Fidelity Special Situations A Acc
- Threadneedle UK Equity Alpha Inc Net Dist GBP
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