FCA gives green light to Raymond James’ Charles Stanley acquisition
Comes a week after it was announced the deal would be delayed
Companies
-
-
River & Mercantile prolongs bidding war despite £230m deal for solutions arm
Talks with Assetco and Premier Miton will remain ongoing despite deadline for bids ending today
-
Praemium sells UK and international arm to Morningstar for £35m
‘Praemium’s digital-first capabilities will allow us to reduce friction, lower costs, provide more choice, and improve efficiency for advisers’
-
Why do some advice companies keep acquisitions quiet?
‘I would estimate at least 50% of deals are not released to the press’
-
Canaccord Genuity adds £5bn to UK arm as it snaps up Punter Southall Wealth
Tilney Smith & Williamson had been reportedly eyeing the wealth manager which owns Psigma IM earlier this year
-
Majedie’s value plunged 19% ahead of Liontrust deal
Majedie Investments writes down value of holding due to Covid outflows and pulled mandates
-
Jupiter hires adviser to fend off bids amid spate of M&A activity
Robey Warshaw is one of the employers of George Osborne
-
Weekly outlook: Central bank bonanza as Fed, BoE and BoJ reveal rate moves; UK jobs and inflation
The key events for UK wealth managers for the week starting 13 December
-
Coronavirus weekly round-up: UK ushers in plan B to tackle Omicron as public fumes over No 10 Christmas party
Four investors mull the events shaping portfolios over the past week
-
Gresham House tips £6bn AUM by year end on forestry mandate
In July asset manager was appointed to run a 24,800-hectare Australian forestry investment
-
Man Group’s £190m share buyback thrusts spate of M&A deals in the spotlight
Questions raised over whether hubris is behind management picking M&A over share buybacks
-
Liontrust acquisition of Majedie raises questions about ‘obvious overlap’ in UK funds
Anthony Cross and Julian Fosh already have a well-established £10bn UK equity range
