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Tilney chief executive leads MBO

Tilney chief executive David Campbell is leading a management buyout of the specialist fund manager.

Supported by private equity firm Bridgepoint, the MBO from current owners Refco is for an undisclosed sum.

Tilney, which provides private client fund management for high net worth individuals, has eight regional offices and 5bn under management


MassMutual completes Baring acquisition

MassMutual has completed its acquisition of Baring Asset Management from ING. The acquisition adds approximately 18.4bn to assets under management for MassMutual, which now exceed 185bn. Baring will continue to operate independently.

Rensburg Battle Continues

Following Carr Sheppards Crosthwaites reverse takeover offer for Rensburg last week, Rathbones has re-entered the fight by saying its offer for Rensburg remains compelling.Rathbones says it does not intend to improve its revised offer, announced on February 27th, despite Sheppards interest, and positive reception from Rensburg management. Rathbones believes its offer provides a full and […]


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