Knox opposes Elliott’s board shake-up plan

Lesley Knox, the former chairwoman of Alliance Trust, has said she plans to vote against attempts by US hedge fund Elliott Advisors to have three new directors installed on the wealth manager’s board


Temasek Snaps Up Stake In UK's Funding Circle Sky News

A fast-growing peer-to-peer lending platform is to sell a stake in itself to Temasek, the Singaporean sovereign wealth fund, as part of a fundraising that will catapult it into the ranks of Britain's most valuable technology start-ups.


Smart beta rise may hit active funds

This is where passive funds are created to follow specially constructed indices of stocks that meet certain criteria, such as growth or value.