M&A Deals
AJ Bell to launch passive funds after buying investment firm
Platform provider AJ Bell is set to launch its own range of funds after agreeing to acquire a small London-based investment management business for an undisclosed sum.
Old Mutual’s Intrinsic reported to be in talks to buy Tenet
Old Mutual Wealth-owned adviser network Intrinsic is believed to have begun talks to buy Tenet, according to UK media reports.
L&G consolidation continues with Suffolk Life sale
Legal & General has further rationalised its offering by announcing the sale of Sipp provider Suffolk Life to Curtis Banks Group. The move follows L&G’s recent decision to dispose of non-core businesses, which saw it withdraw from France, Ireland, and Egypt in 2015.
Alternatives | 14 Jan 16
Will multi-asset funds really deliver as markets head down?
Since Markowitz, multi-asset investing has been increasingly “en vogue”. The other trait that has caught the imagination – as well the attention of the regulators – is risk assessment.
Medical insurer April targets Asian growth with acquisition
Private medical insurer April has moved to expand its operations across the Asian region with the purchase of GlobalHealth Asia, an international health insurance company based in Hong Kong, for an undisclosed amount.