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F&C Asset Management is a leading diversified multi-specialist investment management group with a heritage spanning more than 140 years. Alongside its core institutionally focused business, the Group includes Thames River Capital, a boutique asset manager with strong expertise in managing absolute return and multi-manager funds, and F&C REIT, a pure real-estate manager.
While many asset managers are owned by financial services conglomerates, such as banks or insurance companies, F&C is an independent group, listed on the London Stock Exchange, which is focused exclusively on managing money. Today the group operates from offices in eleven countries and manages £95.3 (€116.4)* billion of assets for a combination of insurance clients, institutional investors and private individuals which collectively represent 3 million underlying savers.
* as at 30 June 2010, excludes Thames River Capital which became part of the group on 1 September 2010
F&C has completed the acquisition of Thames River Capital and appointed Charlie Porter and Jeremy Charles to the F&C Executive Committee
F&C reports improving revenue margins, updates on Thames River acquisition and announces plans to improve capital strength and cost flexibility
2010