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UPDATE 1-UK Stocks-Factors to watch on Oct 16

Published 10/16/2020, 02:50 PM
Updated 10/16/2020, 03:00 PM
© Reuters.
UK100
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JDW
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EMG
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SDRY
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(Adds company news items, futures)
Oct 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 29
points higher at 5,862 on Friday, according to financial bookmakers, with
futures up 0.66% ahead of the cash market open.

* MAN GROUP: British hedge fund manager Man Group EMG.L reported a 4.4%
rise in funds under management, as it saw a recovery in markets after a steep
selloff earlier in the year when most of the world was under coronavirus-induced
lockdowns. * JUPITER FUND MANAGEMENT: Jupiter Fund Management's assets under management
rose by 16.5 billion pounds in the third quarter to 55.7 billion pounds due to
the acquisition of rival Merian Global Advisers, though it saw 1 billion pounds
in net outflows, it said on Friday. * SUPERDRY: British fashion retailer Superdry SDRY.L said on Friday Chief
Financial Officer Nick Gresham has decided to step down with immediate
effect. * J D WETHERSPOON: The head of British pub operator J D Wetherspoon JDW.L
warned on Friday of the threat posed to his industry and the wider economy from
measures to try to contain the coronavirus, after the company sank to an annual
loss. * The UK blue-chip index .FTSE closed 1.7% lower on Thursday, a near-two
week low as concerns over new coronavirus restrictions and Brexit-related
uncertainty prompted investors to book profits after a rally earlier in the
month. For more on the factors affecting European stocks, please click on:
LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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