Equity markets have rebounded over the past month as unprecedented monetary and fiscal stimulus has helped to prop up global economies.
Legg Mason to be valued at $50 per share
Acquisition completion expected 31 July
Paris-aligned products to be listed on 31 July
Second longest summit in EU history
Co-manager of the Mobius Investment Trust
Brokers cut profit forecasts
Flurry of mergers potentially puts smaller fund houses at risk
Perfect storm of cost saving and regulatory burden behind deals