Companies
European Wealth buy Towry’s £120m South African client book
European Wealth has bought a book of business from Towry Asset Management, based on its clients in South Africa, who are estimated to have £120m ($152m, €132m) worth of assets.
Zedra picks up Barclays UK trust operation
Trust and corporate services provider Zedra has agreed a deal to acquire Barclays UK trust business for an undisclosed sum.
South African IFA Carrick Wealth moves into Botswana
South African advisory firm Carrick Wealth has opened a new office in Botswana as part of a wider expansion across the continent, the firm has revealed.
Corporate governance key to asset managers rebuilding trust
Rebuildng trust between asset managers and customers still has some way to go but a stronger effort by the industry in using its clout to improve corporate governance will help, says Neil Carter of Jupiter Asset Management.
Premier AM confirms £140m IPO
Premier Asset Management has confirmed its IPO with existing shareholders, including Electra Partners, set to retain a controlling 54.4% of the business.
