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Canaccord Genuity Group Inc Announces a Proposed Offer Made to and Rejected by The RF Capital Board to Acquire 100% of the Outstanding Shares of RF Capital Group Inc
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Canaccord Genuity Group Inc Announces a Proposed Offer Made to and Rejected by The RF Capital Board to Acquire 100% of the Outstanding Shares of RF Capital Group Inc
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Greed driving retail investors into riskier assets: Money manager - Article
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triFebruary 22, 2021 44
Global Wealth Management Market is expected to grow with USD +5 Billion and a CAGR of +16% during forecast period 2019 to 2025. Wealth management is an investment-advisory area which incorporates financial planning, funding portfolio management and some of aggregated monetary offerings provided via a complex mixture of asset managers, custodial banks, retail banks, economic planners and others.
Wealth Management Market is booming in world because of the growing digitalization that enables procedure automation. These new technology provide comprehensive technical infrastructure solutions and provide numerous benefits, which include hazard management, cost-effectiveness, workflow automation, and facts protection. Us it help to customer , to supporting entice numerous stop-customers, which includes banks, funding control corporations, trading and change corporations, and brokerage corporations that demand for vital wealth control solutions.
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Proceeds to be used to fund a return of capital from the UK Wealth Management division to Canaccord Genuity Group Inc.
TORONTO, Feb. 3, 2021 /PRNewswire/ - Canaccord Genuity Group Inc. (TSX:CF), (the Company ) announces that HPS Investment Partners, LLC ( HPS ), on behalf of investment accounts and funds it manages has agreed to invest in the Company s UK wealth management division. Subject to regulatory approval and other customary closing conditions, HPS will acquire Convertible Preferred Shares (the Convertible Preferred Shares ) in the amount of £125 million (C$219 million
1) to be issued by Canaccord Genuity Wealth Group Holdings (Jersey) Limited ( CGWM UK ), the parent company of the Company s wealth management operating subsidiaries in the UK, the Channel Islands and in the Isle of Man (the Transaction ).