Gosling Grouse: Back to the 1980s
GOSLING'S GROUSE
Lawrence Gosling
With L&G taking full control of Cofunds, and Cazenove Capital to join forces with Schroders, the industry consolidation continues. Anyone feel we are going back to the 1980s in some way?
Back then we had the ludicrous overpriced acquisition by life companies of estate agency as the great distribution scramble started. Ironically, 30 years later, some of those same estate agencies look...
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