Progeny completes acquisition of The Fry Group
‘We want to become the global platform for British people’, CEO tells IA exclusively
M&A
-
-
Rathbones and Investec Wealth’s UK arm merge in £839m deal
Will become ‘UK’s largest discretionary wealth manager’ with £100bn FUMA
-
Momentum buys Sutton-based investment manager
AUM to jump 50% after acquisition of Crown Agents Investment Management
-
Administration-hit IFA and DFM businesses sold
There were four formal offers for Nexus IFA and Nexus Investment Managers
-
Schroders subsidiary buys Northern Ireland-based IFA firm
Deal is the company’s second acquisition in the country
-
Has the UK advice M&A market reached its peak?
‘Number of appropriate new investment targets is very limited’
-
UBS splashes out $3.2bn to buy troubled rival Credit Suisse
Deal will create a global wealth manager with over £4trn of assets
-
Takeovers are a double-edged sword for UK equities fund managers
Acquisitions have shrunk the universe, making diversification more difficult
-
Acquisitions add £1.7bn of assets to Kingswood
As CEO David Lawrence tells investors to expect more of the same this year
-
Advanta Solutions acquires M W Wealth
This is the group’s sixth acquisition in the last 18 months
-
Kingswood in talks to sell UK operation
Company is working with an investment bank to discuss strategic options for the business
-
Assetco pockets India-based asset manager
The deal is worth £4.1m