United Kingdom
M&G buys Yorkshire-based IFA firm
Deal adds £2.5bn in assets under advice to the group’s wealth division
Platform pricing ‘should not be a race to the bottom’
They need to offer more solutions ‘to open up new revenue streams’
Ocorian buys Guernsey trust company
Deal is ‘a strategic investment’ in the Crown Dependency
PEOPLE MOVES: HSBC AM, Deutsche Bank WM, Aegon AM
Asset manager names global fixed income CIO, as bank hires group head of south-east Asia
Praemium platform FUA jump 163% in one year
‘We anticipate the coming year will once again produce some dramatic positive changes in our business’