IFA M&A expected to climb – Investec W&I
M&A activity among small IFA firms is expected to increase over the next two years, according to a survey by Investec Wealth & Investment.
M&A activity among small IFA firms is expected to increase over the next two years, according to a survey by Investec Wealth & Investment.
Edmond de Rothschild’s Philippe Lecoq and Olivier Huet think that many sectors in the UK could see further consolidation so investors should take advantage of cheaper stock options while they still can.
Old Mutual Wealth and Private Client Advisers has acquired West Yorkshire financial adviser, Beaumont Robinson.
Ascot Lloyd is planning to put fresh momentum into its acquisition spree after signing a ‘seven-figure funding package’ with Clydesdale Bank.
A number of US private equity firms are preparing bids for Old Mutual’s wealth division, with two funds rumoured to have already teamed up to make an offer, The Sunday Times has reported.
The four-way split of Old Mutual may be big news globally, though for UK observers – and potential acquirers – the more remarkable story is its growing Wealth business.
The number of M&A deals completed in 2015 excelled with record returns for acquirers, according to Willis Towers Watson’s Quarterly Deal Performance Monitor (QDPM).
The record number of mergers and acquisition deals announced in 2015 hasn’t led to a sustained interest in so-called merger arbitrage funds. Ucits-regulated M&A funds fell out of grace in the final months of the year, as they significantly underperformed their offshore peers.
Neil Hermon, manager of Henderson’s Smaller Companies investment trust, re-affirmed his belief in mid-caps.
Davy Private Clients UK has acquired Pension & Financial Consultants Limited (PFC), a wealth management firm in Northern Ireland.
Bondholders should not be overly concerned by the high level of M&A activity being seen across Europe at the moment, according to T. Rowe Price’s Mike Della Vedova.
Bellpenny is to set its sights on larger targets following a double M&A deal worth a combined £150m.