United Kingdom
UK wealth manager sold to DFM for £40m
As the two firms enter into a 10-year strategic partnership
UK online trading group to roll out wealth management platform
Firm says it believes ‘there is a significant opportunity to disrupt the self-investing sector’
Global fund administrator enters M&A talks with PE firm
After it rejected four offers from the investment group
Flaw in multi-asset funds exposes investors to greater risk
Close correlation between fixed income and equities to lead to ‘meagre returns’
Global wealth reached record high of $250trn in 2020
8.3% rise caused by surge in clients investing in alternatives