Companies

Acquires Blue House Financial Services and Lewins Investments

Rory Maguire to remain as CEO and CIO

Apollo Pension & Investment Advisers is no longer trading

Aviva also cancelled large amount of preference shares

To be better aligned with market conditions

‘It’s never a merger, there’s always one dominant management team’

AUM to exceed £3bn

Comes after PE-backer HSQ flagged Kingswood growth concerns

Investment group Bain snaps up 30% ownership

Network sees revenues up 38% year-on-year