F&C chairman spends £200,000

A round-up of the biggest director deals today so far.

F&C Asset Management's chairman Edward Bramson has splashed out more than £200,000 on shares in the fund manager.

He took 263,000 shares at 76.68p a time.

F&C announced earlier this month that it halved losses in 2010.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

Operating losses fell to £3.1m from £5.9m in 2009, though a profit before tax a year ago turned to a loss of £19.2m this time. The previous year's number benefited from a £27.9m debt exchange programme.

Assets under management rose to £105.8bn from £97.8bn at the end of 2009, helped by £4.2bn from the acquisition of Thames River Capital in September.

Top Director Buys

F&C Asset Management (FCAM) Director name: Mr Edward BramsonAmount purchased: 263,000 @ 76.68p Value: £201,668

Xaar (XAR) Director name: Mr Ramon BorrellAmount purchased: 19,600 @ 240.00p Value: £47,040

WSP Group (WSH) Director name: Mr Christopher ColeAmount purchased: 10,503 @ 378.00p Value: £39,701

WSP Group (WSH) Director name: Mr Rikard Appelgren Amount purchased: 10,000 @ 378.00p Value: £37,800

Avanti Communications Group (AVN) Director name: Mr D Alan FosterAmount purchased: 7,001 @ 459.00p Value: £32,135

WSP Group (WSH) Director name: Mr Peter R GillAmount purchased: 8,403 @ 378.00p Value: £31,763

Sarantel Group 'A' Shares (SLG) Director name: Mr David WitherAmount purchased: 1,000,000 @ 1.10p Value: £11,000

Top Director Sells

Prudential (PRU) Director name: Mr Tidjane ThiamAmount sold: 204,570 @ 722.29p Value: £1,477,589

Mandarin Oriental International (Singapore) (MDO) Director name: Mr Michael HobsonAmount sold: 300,000 @ $2.10 Value: $630,090

Prudential (PRU) Director name: Mr Barry StoweAmount sold: 69,551 @ 722.29p Value: £502,360

Prudential (PRU) Director name: Mr Michael McLintockAmount sold: 27,609 @ 722.29p Value: £199,417

Prudential (PRU) Director name: Mr Nicolaos NicandrouAmount sold: 15,310 @ 722.29p Value: £110,583