St James’s Place partner firm makes second deal of 2023
Acquisition takes its assets under management to more than £650m
Acquisition takes its assets under management to more than £650m
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He starts in October and will report to director of investments Tom Beal
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Net inflows of £9.8bn only topped by the £11bn recorded in 2021
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Deal sees Tweed’s assets under management exceed £435m
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CEO’s comments come despite 75% drop in inflows and many funds lagging their benchmarks
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It hopes to complete a ‘series of deals’ in the coming months
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Previous ‘pawful’ performers from Invesco and SJP redeem themselves in latest edition of Spot the Dog
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But St James’s Place net inflows of £5.5bn match record level achieved in H1 2021
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Twice in the past year, three funds have been merged in light of performance issues highlighted in its value assessments
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It is the company’s second deal in three years
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As £6.5bn Global Growth range shifts to invest directly rather than via fund of fund
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Tweed WM believes Highlands are a ‘massive untapped opportunity’ in the advice sector
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