Platform net sales for last year amounted to only £29.7bn, as 2019 marked the worst net sales figure recorded since 2013, according to consultancy Fundscape.
More generally, last year's sales figure dropped by 34% since 2018 and by almost 50% (47%) since 2017. As a result of poor net sales showing, Fundscape has said, the net sales ratio - which used to hover...
D2C growth particularly strong
10 year working relationship
No plans to take advantage of government schemes
Positive and negative emotions
Acquired £1.25bn in AUM
Will add around £175m in AuM
39th deal since 2008
AFH Financial Group has received a £224.5 million cash offer to take over the business from US-based private equity company Cortina Bidco.