Months of uncertainty over F&C Asset Management’s future has finally been laid to rest after a boardroom battle for control of the beleaguered firm was played out at an extraordinary general meeting today.
Activist investor Bramson's resolutions to remove F&C chairman Nick MacAndrew and two non-executive directors were passed by shareholders. So too were his proposals to install himself as chairman and Ian McBrindle and Derham O'Neill to the board.