United Kingdom
International wealth manager buys London-based family office
Deal is subject to FCA approval
265% rise in UK wealth and asset management M&A deals in a year
Total value of transactions in the industry increased to £6.1bn in H1 2021
UK investors cling to the comforts of home
Nearly half have more than 50% of their portfolios invested locally
UK regulator bans disqualified advice firm director
He also failed to inform the FCA of his bankruptcy
Praemium International put up for sale
One tech firm founder says ‘many reasons this could be an attractive proposition for several organisations’