One of the UK's biggest fund managers has threatened to boycott the $20bn (€16bn) flotation of Rosneft, telling the Russian oil group it must tackle legal problems to attract investors to the deal.

UK-based F&C Asset Management said the flotation of Rosneft, which is expected in July, raises "serious questions about legal risk".

Harry Wilson

Anna-Marie Hotte

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Fund giant warns on $20bn Rosneft IPO

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