R&M returns to ‘pure play’ asset management as it sells £42bn solutions arm to Schroders
Marks first significant development since Martin Gilbert backed Assetco snapped up stake in fund group
M&A
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Ex-Quilter duo launch advice consolidator after M&A deal
‘We see ourselves as a smaller, client centric, alternative to the large traditional’ acquirers
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Rumoured Invesco and State Street deal means little for fund buyers
‘Giant fund management groups are a mixed blessing for the industry’
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£20bn family office closes in on merger with US advice giant
London-based Alvarium Investments set to merge with Tiedemann Advisors and go public
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Tavistock’s £1bn multi-asset arm rebrands following acquisition by Titan Wealth
As buyer prepares to roll out centralised investment proposition to IFAs
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M&G Wealth agrees to buy Huddersfield advice firm
Sandringham Financial Planners has over 180 IFA partners advising on more than £2.5bn of assets
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Clifton Asset Management buys Portsmouth-based wealth manager
It wants to make ‘four acquisitions by the end of the year or early 2022′
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Abrdn looks to play catch-up with 24/7 digital wealth management app
‘This is commonly available, why should anyone settle for less?’
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FCA Spac changes to have ‘significant impact’ on UK advice M&A
Lowering threshold for initial listing to £100m ‘makes it a perfect size for an acquisition vehicle’
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Raymond James set to clarify its UK identity with Charles Stanley acquisition
There has been some confusion over what role Raymond James plays in the UK wealth market
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Lloyds Bank buys retirement platform Embark for £390m
Bank is targeting a top-three position in D2C self-directed and robo-advice business in the medium term
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Martin Gilbert-backed Assetco eyes Rize ETF
It will reportedly raise £25m from investors to fund the acquisition