Tatton Asset Management (Tatton) chief commercial officer Justine Randall has said that its investment into independent financial advice consolidator Absolute Financial Group is “not a dilution” of the firm’s core business.
Announced yesterday (12 August), Absolute Financial Group (Absolute) has entered the market with a £155m equity commitment from Inflexion Private Equity, Tatton and its management team. Tatton and Perspective Financial Group founder Paul Hogarth is on board as Absolute non-executive chair. "It's a strategic investment, not a dilution of our core business," Tatton chief commercial officer Justine Randall told PA. "We're here to run investments and do that very well. "It's hugely exciting for the group, and a natural extension of our commitment to financial advisers." Tatton could...
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