Rathbones in talks to buy Scottish investment firm Speirs & Jeffrey

Responds to press reports

clock • 1 min read

Rathbones Brothers has confirmed the wealth manager is in discussions to acquire 112-year old Glaswegian investment management firm Speirs & Jeffrey, following press reports over the weekend.

In a statement this morning, Rathbones said it "regularly assesses various acquisition opportunities in line with its stated strategy" and confirmed talks with Speirs & Jeffrey were taking place. However, it added no binding offer had been made and "there can be no certainty any binding offer will be made nor that agreement will be reached with the Board and shareholders of Speirs & Jeffrey". A further announcement will be made if and when appropriate, the group added. The Telegraph reported over the weekend that Rathbone Brothers and private equity firm Permira, which is the majority...

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

Watch Professional Adviser's Working Lunch with Schroders - Beyond the Pulse: Essential insights for financial advisers in 2025

Catch up on the discussion

Professional Adviser
clock 10 July 2025 • 1 min read
Investors 'do not understand' implications of private markets investing

Investors 'do not understand' implications of private markets investing

House of Lords Financial Services Regulation Committee looked at the issues

Linus Uhlig
clock 09 July 2025 • 1 min read
NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

Making technology work better

Katrina Lloyd
clock 03 July 2025 • 9 min read