Thursday October 22, 2020

IFG investors could take their money and run

Institutional investors in pensions advisory and administration firm IFG are likely to cash out their positions if a €231 million takeover proposal for the company tabled last week is brought to shareholders later in the year, according to informed m

3rd September, 2011

Institutional investors in pensions advisory and administration firm IFG are likely to cash out their positions if a €231 million takeover proposal for the company tabled last week is brought to shareholders later in the year, according to informed market sources.

Pressure on fund managers to redeem equity investments is mounting as risk builds in the markets amid uncertainty over the global economic outlook, the sources said, making shareholder approval likely despite what some analysts...

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