mergers

Tavistock Investments has taken over Duchy Independent Financial Advisers, continuing a wave of consolidation in the IFA market.

Shell's planned £47bn takeover of BG Group could present ethical funds with a new dilemma as it removes one of their largest potential investments.

Concentration risk: Is Shell the new Apple?

AXA Investment Managers is to merge its Framlington Equity Income fund into the Framlington Monthly Income fund, subject to unitholder approval.

Investment and financial planning businesses Jonathanfry and Easby Gale and Phillipson (EG&P) have completed a merger to form a company running £700m of clients' funds.

The partners of Seven Investment Management (7IM) are considering selling the business, according to reports.

What's in a name?

Quilter Cheviot, the UK's second-biggest independent wealth management group, has rejected a £600m bid from Old Mutual, according to a report.

Balfour Beatty has rejected a third, £2bn takeover offer from rival construction firm Carillion, sending its shares down sharply.

Legg Mason has announced it intends to buy Martin Currie in the last quarter of the year for an undisclosed sum.