5:08am EST
Nov 29 (Reuters) – Bank Of New York Mellon Corp ::UK MARKETS WATCHDOG FCA SAYS HAS ISSUED A STATEMENT OF OBJECTIONS TO FOUR ASSET MANAGEMENT FIRMS, BELIEVES MAY HAVE BROKEN COMPETITION LAW.FCA SAYS FOUR FIRMS ARE ARTEMIS INVESTMENT MANAGEMENT, HARGREAVE HALE, NEWTON INVESTMENT MANAGEMENT, RIVER & MERCANTILE ASSET MANAGEMENT.FCA SAYS ALLEGES THAT THE FOUR FIRMS SHARED INFORMATION AROUND ONE OR MORE IPOS AND ONE PLACING.
Go to Source