Aviva-owned Succession Wealth snaps up IFA business
Spence & Spence is the firm’s 62nd acquisition since 2014
Spence & Spence is the firm’s 62nd acquisition since 2014
Largest UK-focused long-term asset fund to date
Group operating profit up 35% despite tough year for asset management arm
It has created four roles in its distribution team
Emerging market bonds, Japanese activist investing, US monetary tightening and innovation are some of the areas touched on by industry experts
Assets continue to slide as net sales hit lows not seen in over a decade
It is the company’s first acquisition under Aviva ownership
While strategies run by Harry Nimmo and Richard Colwell are downgraded/suspended ahead of their retirements
46% of UK wealth managers plan on using model portfolios more extensively over the next two years, according to Cerulli
It will retain its brand and continue to operate as a separately regulated advice firm
Letter to CEOs spells out expectations around climate change, biodiversity, human rights and exec pay
Follows overhaul of Aviva’s equities desk in June