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Novia Financial has seen a drop in its assets under administration (AU) despite growing its customer base. The adviser-focused platform business reported that its AUA reduced by 2.4% to £8,7bn in 2022. It put down the reduction to a “challenging year for investors, following global market volatility”. ....
Novia Financial has merged its operations and technology teams as part of efforts to provide better service for advisers and their clients. The adviser-focused platform business said the move will enable it to be “agile and responsive” to advisers’ evolving proposition and service needs. ....
Cinven has completed fundraising for its first dedicated financial-services fund, collecting 1.5 billion euros ($1.5 billion) in a rare move by a private ....
Jobandtalent, a Spain-based digital temporary staffing platform, announced that it has secured USD 250 million debt financing from US investment banks Citi, Goldman Sachs and European investor AnaCap Financial Partners. ....