Aspiring firms with ambitions to become leading, if not dominant, firms within the UK wealth management sector seem to have become two a penny in recent months, especially those backed by private equity firms.
Although its ambitions are not underpinned by private equity, abrdn is one of the latest firms to announce similar intentions following its purchase of interactive investor (ii) for £1.49 billion in 2022.
More specifically abrdn aims to transform ii “from the UKâ€...
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