Sanlam UK is to acquire Thesis Asset Management, bringing its UK private client discretionary assets under management to £4.2bn, PA's sister magazine Investment Week has revealed.
The deal, which is for an undisclosed fee, means Thesis' private client business, distribution network, direct support teams and Pallant, its financial planning business, will operate under the Sanlam...
Deal was announced in June this year
Departs in April 2021
Raft of portfolio management changes
Individual holdings breach limits
Sustainable funds remain in vogue
Societal inequalities will outlive virus
Number of advised clients up 33%
90% given ongoing advice
Everything advisers need to know