United Kingdom
PEOPLE MOVES: Citi, IQ-EQ, Canaccord Genuity WM
Bank names Hong Kong and Macau CEO, while financial services provider hires group head of insurance
Wealth manager enters Scotland advice market with acquisition
Deal takes its AuM to more than £1bn
Alternatives | 18 Aug 22
Record high inflation pushes UK investors into alternatives
Younger clients at the forefront of those seeking assets such as private equity, commodities and real estate
Pension transfer business dries up amid interest rate hikes
Values have plummeted making retirees think twice about switching
Abrdn sells £225m stake in Indian asset manager
But it will keep a 10% share in the company