Foresight acquires WHEB Asset Management
Deal will add almost £800m to the group’s AUM
Deal will add almost £800m to the group’s AUM
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The CEO has helped turn the page for the asset manager, drilling down on its core values of sustainability, inclusivity and scalability
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The deal, which is expected to close early next year, creates Europe’s second largest asset manager by AUM and largest by revenue
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Tie-up between FNZ and GBST could lead to millions of platform customers facing higher fees and lower quality services
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Healthy balance sheets and a flexible cost base leave asset managers well placed to weather a downturn
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‘Some companies may be dissuaded from selling due to the uncertainty’
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Acquired firm supports IFAs and asset managers in developing portfolios with a high social impact
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Company eyes a further three deals in ‘robust’ pipeline of acquisition opportunities
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Royal London parts with wrap advised platform with £14bn in AUA
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Covid disruption was unlikely to cause Jupiter to rethink the price it was willing to pay for Merian
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‘It will significantly improve the free float and enable it to diversify its shareholder base’
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‘There is no hiding from the fact there will be an impact on the M&A market’
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