The wealth management space has shown no signs of slowing down despite the quiet summer season. Here Investment Week chronicles the biggest events of the third quarter of 2015 from acquisitions to robo-advice.
July Aviva and Friends Life create £45m emergency fund for Sesame Debt-laden Sesame was given access to a £45m bailout fund in July by its parents Aviva and Friends Life to cover costs associated with past business reviews, restructuring and solvency and liquidity costs. Without this, it is believed the business would have been unable to trade. Standard Life Wealth poaches head of operations from Barclays Barclays' wealth and investment director Andy Brodie was poached by Standard Life Wealth for a role as head of operations in July. Taking over from Karen Storie, Brodie will ...
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