Standard Life suffers more outflows ahead of Aberdeen merger
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.
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.
Succession has bolstered its executive team of both its wealth management and platform businesses.
Fairstone Group has completed its acquisition of financial adviser firm DHD Wealth Management.
Brown Shipley has concluded its acquisition of Manchester-based wealth manager The Roberts Partnership, with all staff moved over to the group’s offices.
Chase de Vere has said it plans to recruit more financial advisers and explore further acquisition opportunities.