Tilney makes eleventh hour bid for Smith & Williamson
Tilney Group has reportedly submitted a last-minute bid for rival Smith & Williamson to derail its imminent merger with Rathbones.
Tilney Group has reportedly submitted a last-minute bid for rival Smith & Williamson to derail its imminent merger with Rathbones.
To what extent should portfolio advisers be factoring corporate activity into their investment thinking and decisions?
Rathbones has confirmed it is currently in exclusive discussions with Smith & Williamson regarding a possible merger of the two groups.
The formation of investment giant Standard Life Aberdeen has been finalised, the company confirmed early Monday morning.
Standard Life announced £3.7bn in net outflows in its half-year results, less than a week before it solidifies its partnership with Aberdeen Asset Management.
Tilney Group has finalised the deal to buy Midas Investment Management’s entire book of assets.
Witnessing AstraZeneca’s share price dive Thursday morning has given some investors a sense of déjà vu and sparked ideas that Britain’s second largest pharma firm could be vulnerable to another takeover bid.
If traditional UK wealth managers want to stay alive, they must find their unique selling points, invest in technology and pursue inorganic growth strategies, according to a report from SEI Wealth Platform.
Aberdeen Asset Management and Standard Life shareholders have emphatically approved the firms’ merger, paving the way for one of the biggest ever deals in the sector.
James Sullivan-led Coram Asset Management has acquired Bath-based DFM Minerva Fund Managers ahead of the launch of seven model portfolios.
Tilney closed 2016 with assets under management at £22.4bn after factoring in its acquisitions of Towry and Ingenious Asset Management.
Asset managers should take a page from the book of IFAs, and focus more on outcomes for their clients than one-upping competitors, according to The Adviser Centre’s Peter Toogood.