m&a

Aberdeen Asset Management and Macquarie Group are the two remaining bidders battling it out for Scottish Widows Investment Management (SWIP), Investment Week understands.

UK income managers may be set for a huge boost if Vodafone agrees to sell its 45% stake in Verizon Wireless, but any deal could create longer-term problems for the UK dividend market.

SVM's World Equity fund, run by Neil Veitch, has benefited from a pickup in merger and acquisition (M&A) activity this year, with a number of takeover targets giving his fund a lift.

John Porteous, head of wealth management at RSM Tenon, has outlined the three worries keeping him awake at night as he steers the business through a challenging environment for UK financial services post-RDR.

Baker Tilly has announced it would pay cash for RSM Tenon, following an investors' notice last week that it was considering the acquisition.

Concerns over an expected capital raising at Barclays have pushed the stock down over 3% in the opening hours of this week's FTSE 100 trading.

RSM Tenon has been approached over a potential acquisition by accountancy firm Baker Tilly.

IFA acquirer and wealth manager Bellpenny has acquired Walton on Thames-based IFA Entire Wealth Management.

ASEAN

Over the past couple of years, the landscape of the wealth management sector has evolved markedly.