7IM acquires Rockhold Asset Management to expand MPS proposition

The acquisition aims to complement 7IM's existing investment management capabilities and will take its assets under management to £27bn. Rockhold Asset Management was launched in 2022 by the ASHL Group, looking after £2bn of assets. It offers a managed portfolio service (MPS), multi-manager funds and a bespoke discretionary management service to the clients of the advisory firms operating within the Sense and Lyncombe networks, which it will continue to serve. 7IM said the acquisition will enable it to broaden its funds and MPS offering, which will now have more than £10bn under manag...