Ascot Lloyd
PEOPLE MOVES: Wealthify, IQ-EQ, Interactive Investor
Wealth firm names interim CIO, while financial services provider hires global head of intermediaries
European PE investor buys Ascot Lloyd
It is currently owned by US firm Oaktree Capital Management, which bought Sanlam UK in 2021
IFA firm buys Scotland-based advice company
Deal adds £761m in funds under influence to the group
IFA company receives backing to fund M&A spree
Deal will ‘increase the capital available for acquisitions to over £100m’
PEOPLE MOVES: Zurich, Wellington Management, Kleinwort Hambros
Insurance giant names UK chief executive, while investment firm replaces retiring CEO