Wren Sterling buys Manchester adviser
Company’s first acquisition since its MBO in July 2021
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Abrdn invests in wealthtech platform Nucoro
After first making acquisition overtures for its subsidiary Exo Investing
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Somerset wealth manager acquires outsourcing business
It is targeting 15% annual growth over the next five years
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DWS chief exits amid greenwashing allegations
Announcement comes a day after the asset manager was raided by German police and financial watchdog
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Franklin Templeton buys BNY Mellon’s European credit business for up to £790m
Acquisition of Alcentra will bring firmwide alternative assets to £219bn
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Progeny acquires Hampshire-based advice firm
Its third acquisition since a US-based private equity firm bought a majority stake in the business
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JM Finn London HQ move weighs on profits
As AUM hits £11.7bn in 2021
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7IM coughs up £4m to compensate for losses in dual fund wind-up
£33m 7IM Absolute Return Portfolio and £20m Income Portfolio had hefty exposure to defunct Guernsey bond fund
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Tilney S&W emphasises digital and human touch with Bestinvest relaunch
DIY investors will have free access to investment ‘coaches’ who are ringfenced from its army of advisers
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AJ Bell more resilient than rivals as customer numbers and assets climb
Integrafin-owned Transact also takes in record net inflows despite challenging backdrop
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Benchmark Capital buys Northern Ireland advice firm
Deal adds £120m in client assets to the Schroders’ subsidiary
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Tavistock buys research firm for £3m
It acquired 21% of parent company LEBC Holdings at the start of the year