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M&G creates £28bn new wealth manager

 

Fund manager M&G is to create a new wealth management division under David Montgomery following the recent takeover of platform Ascentric.

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Covid-19 could have “profound” impact on UK wealth sector

One of the authors of a new global wealth management report believes that the Covid-19 outbreak could have a “profound” impact on the UK wealth management sector which has flourished in recent years.

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S&W promotes 22 as Tilney mega-merger nears

Smith & Williamson has made 22 senior promotions as it prepares for its £44bn merger with Tilney set to create one of the UK’s biggest wealth management and Financial Planning firms.

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SJP sees £250m yoy fall in inflows as pandemic bites

Wealth manager St James's Place saw a year-on-year drop in gross and net inflows in May, the firm said today in a trading update.

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