Quilter multi-asset arm flows slump 75%
But revamped platform and DFM business deliver strong performances
Companies
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M&G acquires minority stake in Moneyfarm
As the digital wealth manager secures £44m to fund its growth plans
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AssetCo agrees £100m all-share deal for River and Mercantile
‘Following completion of the Solutions sale, there will be a need to right size the RMG business for a significant reduction in scale’
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Gam repositions its global diversified fund
‘We are committed to growing our presence in the UK market’
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Monzo recruits to launch investments and wealth arm
General manager will build and run the new venture
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Turn pledges into action or risk divestment, Aviva warns
Letter to CEOs spells out expectations around climate change, biodiversity, human rights and exec pay
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Mobeus VCTs hit fundraising target in 22 hours
Vehicles acquired by Gresham House in September
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Brewin promotes investment director to head up market analysis
She was previously global economist at Cazenove Capital Management
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Weekly outlook: SJP, Quilter and Brewin Dolphin report; First Fed meeting of 2022
The key events for UK wealth managers for the week starting 24 January
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AJ Bell asset climb continues with 21% rise in net inflows
Propelled by strong client acquisition
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RWC sheds moniker in radical rebrand
‘The red wheel is a powerful symbol that reflects who we are as an organisation and what we stand for’
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Vanguard to hire dozens more staff for UK personal finance unit
As the asset manager aims to close the advice gap in Britain
