Abrdn sells £225m stake in Indian asset manager
But it will keep a 10% share in the company
But it will keep a 10% share in the company
IFA firm is eyeing more deals and has a ‘number of interesting conversations progressing at the moment’
Company will merge all firms it has acquired under one brand
‘The journey so far has had a few more twists and turns than many in the industry would have liked’
Recent rebounds in both equities and government bonds ‘could have further to run’
Professional body names interim CEO, as financial services provider hires head of projects
Adding £252m in assets under advice, it marks the 31st M&A deal in three years
Acquirer says deal was a ‘natural move’
Victims were promised annual returns between 15% and 22%
Money and Pensions Service does ‘not appear to be proactively improving the data they are collecting’
He was guilty of ‘the most egregious and persistent offending’
Wealth firm names MD of financial planning, as global advice group hires managing partner