La Française takes near 50% stake in UK firm
European asset manager La Française is to take a 49.9% stake in Alger Management, a UK subsidiary of American growth manager Fred Alger Management.
European asset manager La Française is to take a 49.9% stake in Alger Management, a UK subsidiary of American growth manager Fred Alger Management.
Manulife Asia has merged its wealth and asset management divisions in order to target $19trn worth of untapped cash deposits throughout the region.
Aviva has said its £5.6bn takeover of Friends Life will lead to around 1500 job losses.
UK IFA support firm SimplyBiz has appointed corporate finance advisers BDO to consider a flotation or sale of the business.
The Axa Group has bought a majority stake in Nigeria based life company, Mansard Insurance.
FAA Insurance Advisers is to merge into the FM Group, with the former FAA managing director Ross Pays to establish an in-house international tax planning division.
Aviva is in talks to buy Friends Life in a deal which would make the combined group one of the largest savings and investment groups in the UK.
Blevins Franks has acquired Siddalls France to "accelerate its growth plans” in the country.
In an effort to bulk up its offering to high net worth clients, Old Mutual Wealth has agreed to buy discretionary manager Quilter Cheviot for £585m.
Three quarters of European corporate executives expect M&A will increase or increase greatly, with the majority believing the worst is behind us, according to a poll by Mergermarket and CMS.
European Wealth announced on Tuesday it has hired two new wealth managers, Nigel Gilland and David Mellett, from Gerrard Investment Management, which is owned by Barclays Wealth and Investment Management.
Standard Life Investments spots £50m of cost savings through Ignis purchase but areas for job cuts are not yet identified.