Sanlam to close adviser network
Scale and capacity needed to grow adviser network ‘no longer fits with Sanlam UK’s business model’
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Drive for flexible working pushes junior bankers towards fund management
Stressed-out junior bankers want a better work/life balance
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Assetco deal complete – what’s next for Rize ETF?
Martin Gilbert-backed business ‘totally bought into our vision for the future,’ say co-founders Stuart Forbes and Rahul Bhushan
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Coronavirus weekly round-up: Fed minutes spook markets while M&S raises profit guidance for first time this century
Four investors mull the events shaping portfolios over the past week
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John Lewis looks to tap into DIY investing boom with Nutmeg partnership
Record number of UK adults became DIY investors last year but doubts investment will sell with sheets, towels and dining room furniture
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M&G Wealth agrees to buy Huddersfield advice firm
Sandringham Financial Planners has over 180 IFA partners advising on more than £2.5bn of assets
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BT Pension Scheme parts with remaining Hermes stake for £115m
Remaining 29.5% stake fetches higher price tag three years after Federated Investors acquired controlling stake
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Tilney Smith & Williamson assets up 7% after M&A activity
CEO flags start of a multi-year plan to create ‘leading-edge and scalable front-to-back financial services and professional services platforms’
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Weekly outlook: Balfour Beatty and Persimmon report alongside Chinese tech giants Tencent and Meituan
The key events for UK wealth manager for the week starting 16 August
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Coronavirus weekly round-up: CMA exploring ‘immediate’ government action for costly Covid travel tests; Joe Biden’s $1trn infrastructure bill passes
Four investors mull the events shaping portfolios over the past week
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Platform industry enjoys ‘Olympic’ second quarter as net sales hit £17bn
Platforms with strong D2C offerings like Hargreaves Lansdown dominate, according to Fundscape data
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Aviva Investors operating profit doubles to £19m
7% revenue growth result of ‘high origination fees on real assets’ and positive market movements