FNZ invests in global sustainability data provider
To help retail investors, advisers and wealth managers allocate capital according to their principles
To help retail investors, advisers and wealth managers allocate capital according to their principles
Participants in the funding round included global wealth management platform FNZ
To expand its presence in North America and strengthen its research and development operations
But will buy back its capital markets division
Reports say the firm will use the funds for future acquisitions
In a bid to ‘deliver significant operational efficiencies and improve the client experience’
It will ‘invest heavily’ in the acquired business
Regulator-backed changes ‘will protect investment platforms and the people they serve’
Deal would ‘substantially reduce competition’ and lead to ‘higher prices or poorer service’ in UK market
They fear there will be a large number of jobs losses after it completes
As competition authority reveals it made mistakes in its market share calculations
Says merger could ‘lead to a reduction in the quality of service and higher prices’