FCAM sheds another Thamess River big wheel

Foreign and Colonial Asset Management (FCAM) said assets under management had fallen in the first half due to withdrawals by strategic partners and in its wholesale business.

Foreign and Colonial Asset Management (FCAM) said assets under management had fallen in the first half due to withdrawals by strategic partners and in its wholesale business.

The £4.5bn of investments that flowed into Foreign & Colonial (F&C) over the period were not enough to stop total assets under management dropping almost £2bn - or 1.9% - to £98.2bn.

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