Allfunds
Investment company withdraws €5.5bn offer for wealthtech firm
Proposal was seen as ‘inadequate’
Global wealthtech firm in ‘active discussions’ over €5.5bn sale
There is no certainty that a deal will be agreed
PEOPLE MOVES: Brooks Macdonald, Rathbones, Allfunds
CFO and COO to leave wealth manager, as investment firm hires chief client officer
Allfunds buys London-headquartered ESG platform
Acquired firm creates multi-asset and multi-manager portfolios
Allfunds buys European wealthtech provider for €145m
Deal bolsters its multi-asset capabilities