Advice firm consolidator makes first acquisition of 2023
Deal adds more than £450m in funds under management
Deal adds more than £450m in funds under management
Net inflows were up £625m during the quarter but assets still have some way to recover
Companies forked out more than £47bn as buyback schemes kicked into high gear
As it appoints Hymans Robertson and Defaqto to oversee allocation and risk profiling
To bolster its presence in continental Europe
Net inflows of £9.8bn only topped by the £11bn recorded in 2021
The ‘ready-made’ strategies are aimed at investors who are unsure about where to start
As operating profit expected to grow to £26.5m from £20.2m the year prior
Headcount is down 11% in a year, but net losses ratcheted up ten-fold
They netted around £1.5m and also face money laundering charges
AUMA grew 3% in Q4 2022 but was down significantly from the start of the year
Blue Whale chair bullish about prospects for the US amid gloomy global outlook