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Ascot Lloyd under fire over ‘clear conflicts’ in M&A deals

Wealth giant offers higher earn-outs for picking its own investments, documents seen by FN show

Private-equity backed consolidator must manage potential investment bias, experts say
Private-equity backed consolidator must manage potential investment bias, experts say Photo: Getty Images

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Wealth manager Ascot Lloyd has faced criticism over acquisition terms that could potentially bias investment recommendations, according to experts.

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