fandc and bank of montreal agree deal
The Bank of Montreal has agreed a deal to buy F&C Asset Management for £708m in cash.
The Bank of Montreal has agreed a deal to buy F&C Asset Management for £708m in cash.
SJP will look to grow organically as assets show growth spurt.
JTC Group has acquired a “substantial book of private client business” from Herald Trust Company.
The FCA has issued its finalised guidance on inducements, taking on its three main causes for concern in the relationship between product providers and advisers.
The UK’s Retail Distribution Review could be in danger of being overridden by the EU’s MiFID II directive.
Jupiter Asset Management’s international flows lifted its Sicav AUM to £3bn at year end‚ with its total AUM up over 20% to £31.7bn.
First Names Group, the Isle of Man-based provider of trusts, funds and corporate services, has acquired another Crown Dependency rival, this time Guernsey's Mercator Trust.
Since its introduction in April last year the FCA has been incredibly stringent on fining firms and then telling the world about it as a lesson to others.
Andrew Wilkins, one of two brothers who founded the Acordias investment platform company in 2010, is appealing a Financial Conduct Authority "senior role" ban and fine, relating to events at a company he was involved with prior to March 2010.
JP Morgan Asset Managements Keith Evins believes larger advice firms in the UK will increasingly move towards restricted propositions as a result of the Retail Distribution Review.
More than half of discretionary fund managers will be placing business into investment trusts in the next six months, while almost half of financial advisers will reject the closed-end structure.
Jupiters Edward Bonham Carter is to step down as group chief executive in March, being replaced by global distribution and strategy director Maarten Slendebroek.