Investment manager M&G is buying wealth management and wrap platform Ascentric from Royal London.
The sale follows the completion of Ascentric's re-platforming in 2019 and the conclusion of a strategic review of the business led by Royal London chief executive Barry O'Dwyer.
Ascentric is a digital wrap and wealth management platform for advisers with assets under administration of £14 billion, around 1,500 adviser relationships and approximately 90,000 u...
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