Evelyn Partners completes sale of fund solutions business

Following the sale of its professional services arm in March, Evelyn Partners has now refocused on its wealth management capabilities. The acquisition also provides fund governance and administration firm Thesis with 330 funds with over £50bn in assets. The deal sees 75 EPFL staff based mainly in Glasgow move over to Thesis. Paul Geddes, chief executive of Evelyn Partners, said: "The sale of EPFL to Thesis, means Evelyn Partners is now focused solely on wealth management activities. "We look forward to an ongoing relationship with the team, who will continue to act as ACD and Fu...