United Kingdom
Alternatives | 18 Aug 22
Record high inflation pushes UK investors into alternatives
Younger clients at the forefront of those seeking assets such as private equity, commodities and real estate
Pension transfer business dries up amid interest rate hikes
Values have plummeted making retirees think twice about switching
Abrdn sells £225m stake in Indian asset manager
But it will keep a 10% share in the company
PE-backed Skerritts snaps up London advice company
IFA firm is eyeing more deals and has a ‘number of interesting conversations progressing at the moment’
Scottish advice group buys IFA business
Company will merge all firms it has acquired under one brand