Administration-hit IFA and DFM businesses sold
There were four formal offers for Nexus IFA and Nexus Investment Managers
M&A
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Schroders subsidiary buys Northern Ireland-based IFA firm
Deal is the company’s second acquisition in the country
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Has the UK advice M&A market reached its peak?
‘Number of appropriate new investment targets is very limited’
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UBS splashes out $3.2bn to buy troubled rival Credit Suisse
Deal will create a global wealth manager with over £4trn of assets
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Takeovers are a double-edged sword for UK equities fund managers
Acquisitions have shrunk the universe, making diversification more difficult
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Acquisitions add £1.7bn of assets to Kingswood
As CEO David Lawrence tells investors to expect more of the same this year
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Advanta Solutions acquires M W Wealth
This is the group’s sixth acquisition in the last 18 months
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Kingswood in talks to sell UK operation
Company is working with an investment bank to discuss strategic options for the business
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Assetco pockets India-based asset manager
The deal is worth £4.1m
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Macquarie reportedly eyeing M&G takeover
Australian investment bank are said to be advised by Morgan Stanley
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Buyers of advice firms need to stump up extra 20%
With 90 M&A deals inked in 2022, a slight drop from 93 the year before
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One Four Nine makes ‘largest acquisition yet’
Marking its seventh deal since launch in 2021