Investec profits climb but assets dip as it prepares for Rathbones merger
FUM fell 4.5% to £61bn due to unfavourable market movements
Companies
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Titan Wealth acquires Ravenscroft’s UK investment management arm
Deal takes acquirer’s AUM to £9.4bn
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Nucleus swings to a profit despite AUA fall
As acquisition of Curtis Banks nears completion
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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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Ninety One sheds £10.6bn of assets during ‘year of significant headwinds’
Assets under management dropped by 10% to £129.3bn
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Over £10,000 raised for charity in Jupiter five-a-side tournament
All the action from the Den as 16 teams went head-to-head in aid of CASCAID and the NSPCC
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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
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Corbel Partners acquires Midlands-based Wealth Design
As it receives funding from bank to finance its growth plans
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Mayfair Capital rebrands as Swiss Life Asset Managers UK
Firm sees opportunities in UK infrastructure
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Indian asset manager opens London office
It will focus on investment opportunities in Indian markets
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Hurst Point Group acquires London wealth firm
Deal boosts assets under management to around £5bn