MIDAS CAPITAL is set to merge with iimia MitonOptimal and list on the London Stock Exchange.
The fund management firms said the new business would take the name of Midas Capital and would be based in Liverpool. Midas said the merger would create a multi-asset focussed fund management company...
In this week's Pensions Buzz survey, we want to know whether or not you agree with Lord Myners' opinion that asset owners, such as pension funds, are substantially to blame for short-termism in business.
The combined funding level decreased by just over four percentage points by the end of last month to 93.6%, according to the Pension Protection Fund's (PPF) latest update.
Plastics manufacturer Carclo has missed yet another dividend as it continues to battle its defined benefit (DB) pension funding shortfall.