Brooks Macdonald scoops up £250m with wealth firm acquisition
Its IFA subsidiary is also part of the deal
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Weekly outlook: AJ Bell and Integrafin report and Fed’s favourite inflation gauge
Key events for UK wealth managers for the week starting 23 May
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Ninety One assets hit record £144bn as advisers clamour for global and thematic funds
Fund group returns to net inflows after being hit by £200m redemptions in its maiden year
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SJP partner firm acquires Scottish advice business
It is the company’s second deal in three years
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Ex-Premier deputy CIO Nigel Sidebottom dies
He was diagnosed with leukaemia in September 2021
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Kingswood buying spree continues as it inks fifth IFA deal this year
It has four potential acquisitions ‘in exclusive due diligence’
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Hargreaves new business slows to £2.5bn as volatility knocks investor confidence
Number of new clients has fallen by two thirds in the four months to 30 April 2022
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Brewin Dolphin rakes in £1bn inflows as RBC takeover looms
But total funds flat at £56.3bn thanks to volatility from Ukraine crisis and macroeconomic uncertainty
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‘Short window’ to get Jupiter back on track, says ex-director
It needs to ‘focus on being a UK house that delivers what UK investors want’
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IA to help investors find £781m in lost assets
Free-to-use portal will help locate misplaced pensions, dormant savings accounts or lost investments
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Weekly outlook: All eyes on Disney streaming services after Netflix and Amazon misses
Key events for UK wealth managers for the week starting 9 May
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St James’s Place partner firm eyes Scotland expansion
Tweed WM believes Highlands are a ‘massive untapped opportunity’ in the advice sector