View more on these topics

Sanlam acquires Bermuda-based investment firm

Sanlam Investment Holdings has acquired a majority stake in Bermuda-based investment firm P2international.

Sanlam says the move will give its clients access to international equity and bond funds. It adds the investment will allow P2 to expand into more countries across Africa, Asia Europe and the Middle East

Sanlam Investment chief executive John van der Merwe says: “We have worked with P2 for a number of years and are now looking forward to deepening and widening this relationship through the new ownership arrangement.”

The deal will see P2 retain its current branding and operate under the Sanlam Investment umbrella.

P2 has also entered into a deal with Morningstar to allow the firm to display Morningstar’s fund ratings within its global investment solutions.

Recommended

NIBS

Friends Life has revealed its gender pipeline plans, which state applications must be fully underwritten and placed on risk by 21 December to obtain gender-specific rates. The UK consumer prices index fell from 2.5 per cent in August to 2.2 per cent in September, while the retail prices index dropped from 2.9 per cent to […]

MPs reopen inquiry into workplace pensions

The work and pensions select committee has reopened its inquiry into governance and best practice in workplace pensions after initially closing it in March. MPs will primarily focus on defined contribution schemes but will also look at how best to treat the declining number of defined benefit schemes available. The committee says the purpose of […]

Govt rejects calls to force FCA to maintain independent appeals process

The Government has rejected Labour’s calls to force the Financial Conduct Authority to maintain an independent appeals process through the regulatory decisions committee. The RDC hears appeals against enforcement, authorisation and supervisory decisions. It is made up of external committee members from the industry, including IFAs, who report to the FSA board. A frequently asked […]

15

Skandia in talks to acquire stake in Keith Carby’s Caerus

Skandia is in talks with Keith Carby’s venture Caerus Capital Group about acquiring part of the firm, Money Marketing understands. Caerus is understood to be holding talks with a number of providers about taking stakes in the firm with senior management intending to retain a majority holding. A Skandia spokesman says: “We are in discussions […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

There are 2 comments at the moment, we would love to hear your opinion too.

  1. RegulatorSaurusRex 19th October 2012 at 11:22 pm

    I hope they did a better job than Buckles…

  2. I wonder if that former FSA regulator who now works in the Bermudan regulator still sits on his balcony sipping cocktails watching the sun go down?

    He said IFAs were their worst enemies. Buckles for example.

Leave a comment

Close

Why register with Money Marketing ?

Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Money Marketing Events
Be the first to hear about our industry leading conferences, awards, roundtables and more.

Research and insight
Take part in and see the results of Money Marketing's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now

Having problems?

Contact us on +44 (0)20 7292 3712

Lines are open Monday to Friday 9:00am -5.00pm

Email: customerservices@moneymarketing.com