Will other fund houses follow M&G wealth management push?
‘Clearly buying a much less volatile earnings stream could have its advantages’
‘Clearly buying a much less volatile earnings stream could have its advantages’
Momentum aims to better tap into UK advisers through £4.7bn AUM deal
Pacific Equity Partners and Carlyle Group offer to buy Australian parent for £1.6bn
Partners Wealth Management to operate independently but will share some of 7IM’s back office functions
Pivot in acquisition strategy has attracted new backers like Schroders and Premier Miton’s Gervais Williams
FTSE 250 fund group strikes a different tone on remote working to rival Schroders
Follows appointment of Moola founder Gemma Godfrey as chair of its investment management division
Seven Bridges expects to increase its turnover to £1.8m after the acquisition
Tie-up between FNZ and GBST could lead to millions of platform customers facing higher fees and lower quality services
Healthy balance sheets and a flexible cost base leave asset managers well placed to weather a downturn
‘Some companies may be dissuaded from selling due to the uncertainty’
Acquired firm supports IFAs and asset managers in developing portfolios with a high social impact