London & Capital sells adviser-only model portfolios arm

Buyer's big push into UK market

Laura Miller
clock • 1 min read

Momentum, the UK arm of South African financial services firm MMI Holdings, has acquired the Adviser Solutions business from London & Capital.

Adviser Solutions is a series of model investment portolios for UK investors accessed through financial advisers. The acquisition will sit within Momentum Global Investment Management and comes as Momentum - which designs and manages outcome based, risk profiled investments in the UK, Far and Middle East and South Africa - looks to continue to grow its presence in the British retail market. Ferdi van Heerden, Momentum UK CEO said the acquisition "presents us with a great foundation on which to accelerate our growth as an investment solutions provider to the UK adviser market". "Wit...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers say 'cash returns don't cut it' as equity exposure soars

Advisers say 'cash returns don't cut it' as equity exposure soars

Three quarters of advisers have helped clients increase equities exposure

Hope Coumbe
clock 14 June 2024 • 1 min read
Goal progression: What matters most to younger investors

Goal progression: What matters most to younger investors

Many advisers are trying to win over and retain more younger clients

Gordon Titman
clock 13 June 2024 • 4 min read
Darius McDermott: What will be the catalyst for real assets?

Darius McDermott: What will be the catalyst for real assets?

Real assets are providing increasingly important in the AI boom

Darius McDermott
clock 07 June 2024 • 4 min read