Rathbones to acquire UK advice firm for £150m
Combined £60bn business will make the company the third largest wealth manager in Britain
Author: Kristen McGachey
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Aegon to shut Property Income fund
‘I fear that this will just be the most recent victim of an issue that will affect many others in the future’
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Patience wearing thin with FCA’s ‘snail pace’ Woodford progress
Watchdog must ‘recognise its own failings in this saga and not just act as judge, jury and executioner’
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FCA Woodford decision not ready until end of year
Regulator claims to have made ‘substantial’ progress on investigation
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Aviva Investors closes frozen UK property fund
It was ‘challenging to generate positive returns while also providing the necessary liquidity to re-open’
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Woodford received £975,000 payout months before fund collapse
As his firm swings to £6m loss in what looks set to be its final full-year accounts
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Jersey regulator refuses to be ‘back door’ for Woodford relaunch
Declaring his comeback before seeking approval painted Channel Islands as ‘a haven for tax-dodging’
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Jupiter funds in dog house after Merian acquisition
It has jumped to second place from ninth in Bestinvest’s rankings
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Wealth manager buys advice firm for £7.8m
M&G and Polygon Partners commit to purchasing 6 million shares in £5.3m placing to fund the deal
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Sarasin sells off Irish business as Brexit deadline looms
It is the acquirer’s 10th M&A deal since 2012
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SJP shareholder demands overhaul of its ‘high-cost culture’
Annual operating expenses per adviser have risen to £96,500
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Will other fund houses follow M&G wealth management push?
‘Clearly buying a much less volatile earnings stream could have its advantages’