M&A Deals
Old Mutual Wealth buys Quilter Cheviot for 585m
In an effort to bulk up its offering to high net worth clients, Old Mutual Wealth has agreed to buy discretionary manager Quilter Cheviot for £585m.
European M and A set to surge
Three quarters of European corporate executives expect M&A will increase or increase greatly, with the majority believing the worst is behind us, according to a poll by Mergermarket and CMS.
European Wealth snaps up two wealth managers
European Wealth announced on Tuesday it has hired two new wealth managers, Nigel Gilland and David Mellett, from Gerrard Investment Management, which is owned by Barclays Wealth and Investment Management.
standard life Investments buys Ignis for 390m
Standard Life Investments spots £50m of cost savings through Ignis purchase but areas for job cuts are not yet identified.
standard life to bid for ignis
Standard Life has confirmed it is in “exclusive discussions” with Phoenix Group to table a bid for Ignis Asset Management.