Ameriprise Financial has appeared to rule out a potential acquisition of Scottish Widows Investment Partnership (SWIP), saying available M&A opportunities "do not meet our criteria".
Threadneedle parent company Ameriprise Financial is preparing an £800m bid for Scottish Widows Investment Partnership, according to reports.
Threadneedle's Michael Poole is to become lead manager on the group's £790m European High Yield Bond fund as Barrie Whitman steps back.
Threadneedle's Simon Brazier and Artemis' Tim Steer have been buying up shares in Daily Mail & General Trust as they back the business' under-recognised strengths to flourish.
Nick Ring has been promoted to head of distribution at Threadneedle after Campbell Fleming took over as CEO at the group.
Threadneedle's head of US equities Cormac Weldon considers how far along the road to recovery the US really is, as well as which sectors will support and benefit from the economic revival.
Threadneedle is preparing to soft-close Philip Dicken's £1bn Pan-European Smaller Companies fund, Investment Week understands.
Henderson's chief executive Andrew Formica has teamed up with Nichola Pease and a range of asset managers to launch an initiative to get young people in the UK work experience - and potentially jobs - in the City.