Tech issue triggers 10% drop alerts for 1,200 Quilter clients
Quilter Investors’ CEO Steven Levin called on the government to scrap the ‘illogical’ rule last year
Companies
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Sexual harassment report sees Abrdn abstain from approving Rio Tinto accounts
Sarasin & Partners also objected to the mining giant’s lack of ESG disclosure
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Saltus acquires Hertfordshire IFA as founder retires
Deal adds £160m in AUM
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Foster Denovo raises £100m for acquisition war chest
‘A number of transactions are already in the pipeline’
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Fidelity and Polar Capital chip in for robo adviser’s £35m fundraise
Loss-making Moneybox has been supported by ex-Fidelity star Anthony Bolton
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Natwest in rumoured £3bn bid for Tilney Smith & Williamson
A week after the UK government stopped being a majority shareholder in the bank
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MitonOptimal exits the Channel Islands after sale to Ravenscroft completes
It offloaded its UK DFM business to multi-manager Alpha Beta Partners last year
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Foresight Wealth Strategists buys ESG-focused advice firm
Adding £35m in AUM and 160 clients
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Sarasin acquires ex-Abrdn duo’s boutique in private markets push
Alex Barr and James Witter’s PE business absorbed less than a year after launching
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Brewin shares leap 60% as RBC buys DFM at a hefty premium
Deal values the wealth manager at £1.6bn
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Gam loses £8.6bn from fund management services mandate
Follows shortly after Swiss manager is hit with a £9m fine over the Tim Haywood scandal
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Downing rejects ‘wild allegations’ of slavery and Russia sanctions breaches
‘Untrue’ accusations made by a football club are to deflect attention from years of mismanagement
