AFH has completed the acquisition of the client portfolios of Warwickshire-based Groom Associates for the initial sum of £321,000.
The consolidator said the acquisition was funded from existing cash resources and will be payable over the next 26 months, with the maximum purchase price being £615,000. As a result of the acquisition, AFH...
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Link Fund Solutions (LFS) has agreed to sell "a significant portion" of the stricken LF Equity Income fund's holdings to US firm Acacia Research Corporation for up to £223.9m.
Legal claims for compensation are being considered against the Woodford Equity Income fund's (WEIF) authorised corporate director (ACD) Link Fund Solutions, which is accused of early-stage failures in the fund's collapse, a failure to act in the best...
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