Standard Life Aberdeen powerhouse eyes US market for expansion
A serious push into the US market is a key strategic target for the merged Standard Life and Aberdeen Asset Management group, according to Aberdeen’s global head of distribution.
A serious push into the US market is a key strategic target for the merged Standard Life and Aberdeen Asset Management group, according to Aberdeen’s global head of distribution.
The merger of Standard Life and Aberdeen is a sign of the times in asset manager consolidation, but who will be the winners and losers from the trend?
The ‘squeeze’ on asset managers’ balance sheets is well known, while recent deals in the sector have failed to cheer shareholders, but there are nonetheless pointers to the industry’s future winners.
Liontrust has completed its £30m acquisition of Alliance Trust Investments (ATI).
Asset manager Schroders and derivatives firm IG Group Holdings made Canaccord Genuity Wealth Management’s list of attractive targets for foreign companies.
Private wealth manager Dalton Strategic Partnership is to acquire long/short investment manager MSK Capital Partners for an undisclosed sum.
Harwood Wealth Management confirmed it intends to raise £10m through the placement of new ordinary shares to fund six future acquisitions totalling £3.1m.
The Adviser Centre has acquired DISCUS, its second deal this year.
London-based private bank C.Hoare & Co has decided to sell its remaining investment operations to Canaccord Genuity Wealth Management.
Henderson and Janus Capital Group have confirmed a number of new executive positions in a board reshuffle set to take effect upon completion of the merger.
Succession Group founder and group chief executive Simon Chamberlain died on Friday 17 March, aged 51.
Former Barclays chief executive Bob Diamond has teamed up with a Qatari investment bank to buy one of London’s oldest stockbroking firms Panmure Gordon.