Brewin Dolphin and AJ Bell assets tumble in tough Q3
FUM slumps 8% at Brewin Dolphin ahead of acquisition by RBC
FUM slumps 8% at Brewin Dolphin ahead of acquisition by RBC
Kingdom Holding Company is controlled by prince and billionaire Alwaleed Bin Talal
Kamal Warraich joined the firm after its acquisition of Hargreave Hale
Rough earnings season could send share prices tumbling, making some firms acquisition targets
Some data has been exfiltrated from Mainspring’s IT systems, initial investigation shows
FTSE 100 fund group has hired investment bankers to find a buyer for its £14bn business, according to reports
12 staff members will be based in the city but DFM says ‘there is space for further growth’
To develop its tokenisation strategy and offer investment solutions to clients ‘where appropriate’
£5.1bn AUMA boost from Majedie acquisition nearly offset by net outflows and challenging investment performance
Company hopes to reach £5bn in AUM within five years
Relinquishing the brand was part of the deal when Hurst Point Group bought it in 2020
It expects to report a net loss of £237m for H1