ASHMORE Investment Management has completed the first closing of its Global Special Situations Fund 3 after raising over $1.3bn (£682m).
The funds were raised by Ashmore largely from existing institutional investors during June, July and August. The fund will invest in distressed emerging market companies with sound underlying operational...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point