BlackRock has bought a 5% stake in listed wealth manager AFH Financial, which acquired some 14 advice firms in 2017.
The world's largest asset manager, bought around 1.9 million shares in AFH, equating to just more than a 5% stake. AFH has a current market capitalisation of more than £100m, meaning BlackRock's stake...
‘Most significant’ upgrade since launch
Changes happening over coming months
Had accepted British Steel business
Aimed at HNW clients and family groups
Set for 1 April 2019