M&G plots MPS expansion with London DFM buy
It plans to cut acquired firm’s fees to 0.15% per annum
It plans to cut acquired firm’s fees to 0.15% per annum
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Deal expands fund group’s capabilities in sustainable investments for emerging markets
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As the digital wealth manager secures £44m to fund its growth plans
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Sandringham Financial Planners has over 180 IFA partners advising on more than £2.5bn of assets
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Property Portfolio suspended in December 2019 due to liquidity issues
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Asset manager has vowed not to charge fees on cash held in excess of 20%
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‘Clearly buying a much less volatile earnings stream could have its advantages’
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Knight Frank offers ‘small glimmer of hope’ but portfolio remains shut due to liquidity issues
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Update reveals £245m of assets are now in solicitors’ hands or under offer
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Comes mere months after M&G suspended fund after mass outflows from the direct property sector
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CIO appears to make swipe at rivals with high cash buffers
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Oversubscribed placing a sharp contrast to November IPO
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