Chrysalis swoops on second investment in a week as it backs Revolution Beauty Aim listing
Unusual transaction for £1.1bn trust which is known for targeting late-stage investments, two to five years out from IPO
News
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Allianz GI adds another member to macro unconstrained fixed income team
Ravin Seeneevassen becomes sixth member of Mike Riddell’s £7.5bn team
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Rathbones unveils offshore version of £3.7bn Global Opportunities fund
James Thomson and Sammy Dow managed fund will have an estimated OCF of 0.78%
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Redress for victims ‘impossible’ under FCA compensation changes
Activist Gina Miller files complaint against regulator over reforms to its scheme
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Chrysalis snaps up £75m stake in pensions platform
£1.1bn trust leads £165m funding round for industry disruptor Smart Pension
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Martin Gilbert eyes acquisitions after £31m windfall from Grant Thornton litigation
‘The board is hopeful of being able to announce further activity in the short term’
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7IM head of financial planning among latest former Tcam employees to exit
7IM acquired Tcam in May 2018
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Weekly outlook: Associated British Foods Q3 update; Opec meeting; US non-farm payrolls
The key events for UK wealth manager for the week starting 28 June
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Bank of England grapples with Schrödinger’s cat-style inflation
Central bank insists inflationary pressures are ‘transitory’ but investors should prep portfolios should that conviction fade
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FCA accused of senior managers regime hypocrisy
Critical LCF report alleges watchdog has not met the standards ‘which it seeks to impose upon others’
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Gam ropes in support for £553m fund as manager departs
Amanda Lyons is leaving to pursue another opportunity
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Lindsell Train ponies up £2m for Rathbones placing to fund Saunderson House purchase
Nick Train’s boutique owns 12% of FTSE 250 wealth manager though this is set to be diluted