Architas
DFMs had already shunned UK ahead of record GDP plummet
‘We haven’t been adding to UK risk asset exposure either before the crisis broke out or during it’
Liontrust buys Architas UK investment business for £75m
The deal will help the asset manager grow its offering to financial advisers
Architas UK inflows drop 70%
Axa-owned multi-manager joins the rank of fund groups hit by volatile markets in H1
PEOPLE MOVES: PSG Wealth, Vanguard, Martin Currie
Vanguard fills its newly created head of Italy position, Martin Currie sets out its succession plan involving a Blackrock alum and PSG Wealth grows its Johannesburg office.
PEOPLE MOVES: Architas, Macquarie IM, South Africa taxman
Architas’ investment director is to depart and join a DIY platform, while Macquarie Investment Management makes two senior Hong Kong hires and ongoing conflict means more leadership delays at the South Africa Revenue Service.