Natwest and trio of private equity firms vie for Quilter
Rumoured acquisition offers value the wealth company in the region of £1.4bn
Rumoured acquisition offers value the wealth company in the region of £1.4bn
Scheme was launched in late 2021 and offers advisers nearing retirement a home for their clients
Deal takes AUMA to nearly £8bn
Marking the consolidator’s fourth M&A deal since it launched in late 2021
To develop its tokenisation strategy and offer investment solutions to clients ‘where appropriate’
Company hopes to reach £5bn in AUM within five years
Relinquishing the brand was part of the deal when Hurst Point Group bought it in 2020
Borrowing and debt servicing costs are going up, which will impact how much companies are willing to pay
Company’s third acquisition in the country
Deal adds around £180m in AUM
Half of its closed-ended funds will adopt the ‘CT’ prefix from 4 July
It is ‘more important than ever for the wealth industry to be focused on delivering great consumer outcomes’