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Monday Papers: Winton opens new fund to retail investors - bid news and gossip

Bain Capital to sell TeamSystem for as much as €600m

* Winton Capital opens new fund to retail investors.

* Bain Capital has hired bankers to sell TeamSystem, the Italian business management software provider, for as much as €600m.

* JPMorgan Chase is pushing ahead with talks to buy a large Brazilian hedge fund and private equity group, Gávea Investimentos.

* US court throws out Tullett Prebon's lawsuit against BGC Partners.

* Fidelity to ask Prudential chairman Harvey McGrath to resign over failed AIA bid.

* Lord Rothschild fund joins World Gold Council to put £12.5m into BullionVault.

* Church of England considers selling its BP shares.

* Formula 1 race ace Jenson Button sued Mercedes over £1m car 'gift'.

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