Wealth bosses in takeover

 
Michael Bow
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GROWING consolidation in the wealth management sector continued yesterday after Thurleigh Asset Management merged its firm with larger rival Ingenious Asset Management.

The deal will give Ingenious an extra £300m of assets, taking its total assets under management to £1.8bn. The deal comes on the back of Rathbone Brothers acquisition of Jupiter and Tilney private wealth divisions on Tuesday.