Commenting on TalkTalk Telecom Group plc announcement this morning of a £200 million placing of ordinary shares representing 19.99% of existing issued share capital, a spokesperson for the Investment Association said:“This placing on a non-pre-emptive basis ignores a fundamental shareholder right and a cornerstone of the UK capital raising system.
The Investment Association’s monthly statistics of UK investor behaviour in December 2017 show:2017 was a record breaking year with net sales into UK authorised funds reaching £63 billion Funds under management ended the year at an unprecedented £1.2 trillionFixed Income had its best-selling year and was the best-selling asset class in 2017, with a total of £14.3
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