JPM’s Elliott: Are bigger investment trusts always better?
Consolidations have swept the sector as wealth managers seek larger trusts, writes Simon Elliott
M&A
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Asia Dragon proposes merger with Invesco Asia
The newly-created FTSE 250 company will lower ongoing fees to below 0.7%
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HL takeover approved by Swiss Competition Commission
Private equity takeover moves closer to completion
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Brooks Macdonald snaps-up financial planner LIFT
LIFT is headquartered in Greater Manchester, with offices in London and Edinburgh
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Brooks Macdonald sells international arm to CGWM as it seeks to simplify business
‘We are redefining our strategy to reignite growth’, incoming CEO Andrea Montague said in the firm’s annual results
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Apax Global Alpha to invest £24.4m as part of Veriforce acquisition
The Apax XI fund, in which AGA is a limited partner, has agreed to acquire Veriforce
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Janus Henderson acquires global private credit firm
Victory Park Capital manages $6bn assets
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Knacke’s money maps: Health is wealth
In his new monthly column, Ernst Knacke, head of research at Shard Capital, looks at the life sciences and biotech space
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Hargreaves Lansdown receives fresh £5.4bn approach from private equity consortium
HL board would be willing to recommend the offer to shareholders should interest be firmed up
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FE FundInfo: UK small caps top May performance charts
‘The UK market finally appears to be garnering attention’
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Blackstone increases Hipgnosis offer to £1.27bn
While the bid will now be executed via a scheme of arrangement
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Cannacord Genuity strikes deal to acquire £900m Cantab Asset Management
Expected to complete in the third quarter of this year
