FOR SUSTAINABLE, PROFITABLE, CLIENT-FOCUSED ADVISER FIRMS
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To expand internationally
Creating $320bn (£250bn) asset manager
Received £25m funding in April
Due to complete Q2 2017
Deal adds £25m to AFH's funds under management
Deal follows Axa pension acquisition
Announced managed separation in March
Wants to accelerate growth
Confirmed speculation in statement
Had strategy to move into SIPP market