Hedge fund manager Man Group has got shot of the last of its exposure to the estates of collapsed US bank Lehman Brothers.
Hutchinson Investors LLC, managed by the Baupost Group, has paid $456m in cash for the Lehman claims Man Group acquired in 2011. The claims were valued at $346m on Man's books.
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Zoopla: House prices slows to 1.4% in May as rate of sales at four year highThe average UK property now costs £268,400, Zoopla says, but some areas of the country are experiencing much higher price growth than others.
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FCA reveals 'once in a generation' advice changes - what the reforms mean for youConsumers to get free access to financial advice type help for pensions and investment following proposed changes from the regulator
