Europe
STM Group agrees to ‘possible cash offer’ to sell business
Discussions about a deal ‘are at a very early stage’
Liontrust shareholders approve GAM acquisition
Backed by 84% of votes at a general meeting held on 7 July
16% of asset and wealth managers globally will disappear by 2027
Assets managed by robo advisers will reach $5.9trn in four years
Rothschild family steps up bid to take financial services giant private
As holding company buys 8.2 million shares of Paris-listed group
PEOPLE MOVES: Blacktower, Platform One, M&G Wealth
Advice company names joint managing director, as platform hires COO