Integration of Charles Derby and Lighthouse
Which firms made the shortlist?
Entered administration in April 2020
Cuts fees across multi-manager range
Covid-19 and cognitive decline
Acquired £1.25bn in AUM
Will add around £175m in AuM
39th deal since 2008
AFH Financial Group has received a £224.5 million cash offer to take over the business from US-based private equity company Cortina Bidco.
Netwealth on hunt for IFAs
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
Supported over Christmas
Plus online scams
Regulator 'follows not leads'
6.4% of over 80s saving for end of life needs
Maximum 30% of redress
Staff can come in if they wish
Two-day remote learning sessions
'Better value for money'
Took office yesterday
Inflows increased 67% in the quarter
Simon Evan-Cook to leave business later this month
UK-domiciled equity funds add £24.2bn