Aviva-owned Succession Wealth snaps up IFA business
Spence & Spence is the firm’s 62nd acquisition since 2014
Spence & Spence is the firm’s 62nd acquisition since 2014
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Largest UK-focused long-term asset fund to date
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Group operating profit up 35% despite tough year for asset management arm
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It has created four roles in its distribution team
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Emerging market bonds, Japanese activist investing, US monetary tightening and innovation are some of the areas touched on by industry experts
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Assets continue to slide as net sales hit lows not seen in over a decade
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It is the company’s first acquisition under Aviva ownership
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While strategies run by Harry Nimmo and Richard Colwell are downgraded/suspended ahead of their retirements
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46% of UK wealth managers plan on using model portfolios more extensively over the next two years, according to Cerulli
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It will retain its brand and continue to operate as a separately regulated advice firm
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Letter to CEOs spells out expectations around climate change, biodiversity, human rights and exec pay
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Follows overhaul of Aviva’s equities desk in June
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