Companies
China approves Schroders WM joint venture
It is the third Sino-foreign JV wealth company given green light to start business
PE-backed wealth manager buys UK advice firm
It has a pipeline of planned deals within the investment management and financial planning sectors
LGIM promotes Onuekwusi to new head of retail investments role
He was previously head of retail multi-asset funds
UK financial planning firm makes double acquisition
Deals add around £250m in funds under management
Quilter Cheviot unveils Shariah-compliant investment service
It will initially be focused on eligible clients in the Middle East and Africa via the firm’s DIFC operation