Punch Taverns' bondholders are seeking to halt the ailing firm from selling pubs in its estate and instead arrange a debt for equity swap.
Richard Black is to manage Legal & General Investment Management (LGIM)'s first UK equity income offering.
Gavin Launder, fund manager of the L&G Investments European Absolute Return fund, discusses whether a return to trend is sufficient for this large and diverse market.
In the latest Conjecture debate, our panelists from S&P, L&G Investments and Liontrust discussed Absolute Returns.
L&G Investment Management (LGIM)'s multi-manager team is moving its equity focus away from emerging markets towards the US and other developed economies.
LGIM's Richard Hodges has added 12% to his high yield positions in the £1.3bn Dynamic Bond trust, and expects to take exposure to 50% this year.
L&G Investment Management's Nick Brack has joined Charlemagne Capital as the head of UK mutual fund sales.
A number of BP's largest shareholders - including Legal & General and M&G - have cut holdings in the troubled oil giant during its recent share price slide.
Retail investors pull money out of UK All Companies but strongest managers in the group continue to deliver