UK wealth manager sells ETF specialist
For an upfront payment of £2.625m

For an upfront payment of £2.625m

CEOs to leave wealth consolidator and tech firm

European professional body elects chair, as multi-asset manager makes c-suite change

Firm believes in the ‘long-term potential’ of the country

Wealth manager has partnered with Investcloud to take it products and strategies global

Deal would net owners a considerable return after just 18 months

As it seeks to build an Edinburgh hub alongside Saracen Fund Managers and Revera Asset Management

Acquirer wants to build an ‘agile asset and wealth manager that is fit for purpose in the 21st century’

A week after Premier Miton dropped out of the race

But AssetCo remains in discussions to acquire the business

Assetco and Premier Miton have put forward offers for the business

Wealth manager hires head of distribution, while AssetCo welcomes a familiar face