Financial Times FT.com

Independent F&C free to seek targets

By Kate Burgess and Lina Saigol

Published: July 2 2009 22:54 | Last updated: July 2 2009 22:54

F&C Asset Management becomes a fully independent listed fund manager for the first time in its 140-year history as Friends Provident distributes its 52 per cent stake to shareholders.

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