Wealth and Asset Management
Fidelity's Wright: M&A has shrunk options in wealth manager space
Fidelity’s Alex Wright has boosted exposure to banks as consolidation in the wealth management sector sees opportunities to invest there dry up. Wright , who runs the £2.8bn Fidelity Special Situations fund, the £517m Special Values trust, and the £260m UK Smaller Companies fund, said he has turned to banks…
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