Sanlam Wealth rebrands as Atomos following acquisition
It means ‘indivisible’ in ancient Greek
Companies
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Liontrust hires duo for global fixed income team
Including an Axa IM senior portfolio manager and an ex-Aegon AM analyst returning from a 22-year career break
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Market headwinds put £1.3bn dent in Brooks Macdonald’s results
As the group records its fifth consecutive quarter of net inflows
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Dynamic Planner bags ‘significant’ private equity investment
Funding will ‘take the business to the next level’ as it eyes UK and European expansion
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Gresham House assets jump above £7bn off flurry of alternatives fundraises
Open-ended funds scrape together £70m, while Grid enjoys ‘significantly oversubscribed’ £150m placing
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Woodford pulls the plug on UK comeback venture
Application has been filed to strike WCM Partners from the Companies House register
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Progeny assets hit £6.5bn as it snaps up Scottish adviser
Company’s third acquisition in the country
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Weekly outlook: AUM updates from Ashmore and Ninety One as US inflation print looms
Key events for UK wealth managers for the week starting 11 July
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Lesley Duncan and four others exit as Abrdn merges UK and European equities desks
Ben Ritchie to become head of European equities
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Shareholder discontent delivers blow to Assetco bonus scheme
The long-term incentive plan would have resulted in greater dilution of shares
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Abrdn shares pep up as it confirms £300m buyback scheme
In a sign its acquisition spree could be coming to an end
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Pinnacle: Talented investment professionals are ‘scarce and precious’
Managing directors Ian Macoun and Ben Cossey talk ‘supported independence’ and fine-tuning where managers focus their efforts
