UK asset manager Henderson Global Investors is to join the activist investors through a tie-up with accountant PwC and a new £500m (€755m) fund.

The £63bn manager has hired PwC partner John Havranek to run the fund alongside Andrew Formica, head of equities, and Stephen Peak, head of European equities. Fund manager Michael Collins will complete the team.

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The agreement settles claims that the lender facilitated $800 million of payments related to the looting of the Malaysian sovereign-wealth fund.

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The president and his allies accuse Powell of dragging his feet on interest-rate cuts, in a caustic and unprecedented pressure campaign.

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The city’s exchange operator reported record profit and revenue as bullish market sentiment boosted trading.

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U.S. stock futures started Wednesday lower after a tech-led selloff caused by a report saying the majority of companies investing in generative AI have yet to see returns.

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The bank said it also received authorization from the Bank of Italy to acquire indirect control of Banca Generali subsidiaries and indirect shareholdings in affiliates.

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Henderson joins activist investor ranks

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