Signia Wealth inks management buyout
Founder John Caudwell has stepped down 13 years after setting up the company
Founder John Caudwell has stepped down 13 years after setting up the company
As assets under management plunge £3.3bn in six months
Inflows of £200m could not offset negative market movements which took FUM back to March 2021 levels
And secures financing to ‘avail of further acquisition opportunities’
As Columbia Threadneedle shutters its Paif and feeder fund
Steven Levin will assume the top job on 1 November
Details of new CEO Matthew Beesley’s plans to reshape asset manager start to emerge
Sigma Broking left ‘potential market abuse’ unreported; FCA metes out fines and bans
Benevolent AI saw its share price drop from £7.01 to £3.42 per share
The deal adds £250m in AuM to Wren Sterling and strengthens presence in Warwickshire
Shares in the trust will still be tradeable on the LSE until a liquidator is named
It is the company’s first acquisition under Aviva ownership