Sarasin & Partners names six new partners
Two in the charities team and four working with private clients
Two in the charities team and four working with private clients
Gross inflows were up 38% to £1.8bn
But anticipates flows to turn positive in FY24 as a whole
Money still under management will be returned
Despite assets falling to £332.8bn in the six months to the end of June
Underlying profits dropped to £30.3m from £34.5m for the year to 30 June
Doug Abbott to take over as Schroders head of UK wealth
Cheltenham office opened in August
Cash had fallen below FCA capital requirements before £5m was raised through rapid sale of ordinary shares
Assets under management and advice rose to £54.9bn
Branch will offer bespoke investment services across southwest London
It is ‘often the obvious next move’ for companies looking to expand