Attivo Group buys UK-based wealth manager
Financial planning firm now has around £3bn in funds under management
Companies
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Inflows boost AJ Bell Investments as group AUA dips
‘Net flows and new customer wins have slowed year-on-year as expected’ say Jefferies analysts
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JP Morgan trust appoints portfolio manager
James Cook will co-manage the Global Growth and Income strategy
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Rathbones targets more M&A
Despite firm’s funds under management and administration dropping £8bn in 2022
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Dynamic Planner teams up with Quilter Financial Planning
Which will support advisers in meeting Consumer Duty requirements
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Outflows hamper Liontrust AUMA growth
Asset manager’s investments performed well, but investor sentiment remained cautious
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Judge rejects joint legal action against Link over Woodford collapse
As the eligibility for and finality of the FCA’s proposed redress scheme is called into question
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Market bounce boosts Transact funds under direction
FUD was up 4% for the quarter but remains below the £54.5bn recorded a year ago
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Blackrock to cut headcount as revenue falls
AUM dropped by 14% in 2022 despite a strong Q4 performance
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Aversion to equities pays off for Ruffer Investment Company
NAV total return hit 8% for the year as the firm turned its back on the asset class
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Odey AM profits suffer as performance fee income plunges 60%
Boutique’s management fees rose to £20.2m in the year to 5 April 2022
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Chrysalis vindicated for ditching Revolution Beauty at hefty discount?
Shares in the firm were suspended in September, with the trust selling out at a 90% loss in November
