Close Brothers learns ‘expensive lesson’ from Novitas acquisition
Firm recovered in Q3 after its failed lending arm had caused profits to plummet 90% in first half
Author: Christian Mayes
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Fulcrum appoints three partners
Patrick Forde, Gerin Tertilt and Filippo Cartiglia take the total to 18
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Home REIT hires AEW as investment manager
Beleaguered trust also revealed rent collection had fallen to 13.1%
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M&G Wealth rolls out PruFund range on platform
Full suite of offerings are now available to advisers
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Weekly outlook: ONS to reveal UK inflation numbers and Close Brothers report
Key events for UK wealth managers for the week starting 22 May
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Downing appoints ex-Sanford DeLand fund manager
Andrew Vaughan reunites with Rosemary Banyard to run VT Downing Unique Opportunities
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Ardevora names former Allianz GI director as CEO
He succeeds the firm’s co-founder William Pattisson
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Scottish Mortgage assets slide 17%
While share price fell 33.5% for the year to 31 March
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Should advice firms set up in-house investment platforms?
Developing and maintaining one can be ‘expensive’
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Abrdn appoints MPS manager from Kingswood
Sam Buckingham was previously a portfolio manager at Thomas Miller Wealth Management
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GAM investor group to take stake above 10%
NewGAMe and Bruellan formally challenged Liontrust’s proposed takeover last week
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Cazenove Capital lays out voting best practice for asset managers
Schroders-owned wealth firm penned a six-point letter to 93 asset managers who oversee £30trn AUM
