Parmenion Capital Partners will unveil a new product which will blend both active and passive investments according to market conditions.
EQ Investors, the boutique wealth manager led by Bestinvest founder John Spiers, has launched an investment service for high-net-worth individuals, companies and charities with over £750,000 to invest.
Vestra Wealth has hired Russell Harrop, formerly Woodford Investment Management, as head of international equities.
Brewin Dolphin saw its funds under management fall in the last quarter after a difficult period for risk assets.
Rathbones Unit Trust Management has seen its inflows more than halve compared to last year, reflecting a trend for outflows in the industry as a whole.
Acquisition outfit Bellpenny has completed its 30th deal to date with the purchase of Croydon-based Trustee Asset Management (TAM).
Private bank and wealth manager BHF Kleinwort Benson has received a takeover approach from Chinese investment bank Fosun International.
Consolidator AFH Financial has acquired two more advisory firms, bringing its total acquisitions in the last year to twelve.
Brooks Macdonald Group has seen its discretionary funds under management grow to £7.4bn at the end of June, despite "unhelpful markets" in the fourth quarter.
Thomas Miller Investment has hired former Sanlam Private Investment head of business development Bruce Ely-Johnston.