Ascot Lloyd planning push into wealth management

Ascot Lloyd is planning to launch a push into the discretionary fund management space early in the new year, managing director Pat O’Hara told Portfolio Adviser.

Ascot Lloyd planning push into wealth management

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While the company is taking a brief step back from acquisitions while it consolidates PFP into the business and launches the wealth management drive this will not last long, and O’Hara said he will be on the hunt for buying opportunities again in 2016.   

“It has been a period of rapid growth and we have done well in terms of integration but now it is a question of fully consolidating for the remainder of this year,” he said. 

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