Following the raft of M&A and joint initiatives among asset managers in April, further tie-ups are expected across the sector in the coming months amid warnings there may be no room for smaller firms in a consolidating marketplace.
A flurry of announcements in late April included a strategic partnership between Smith & Williamson and BennBridge to form BambuBlack Asset Management, followed by Sanlam UK's acquisition of Thesis Asset...
View from the front row
Project Libra unveiled
Including SJP and investment trusts
Spent two years at Sanlam
Will also assess FCA's actions