Cayzer-backed wealth manager gains independence, hires director

Church House Investments Ltd, formerly a part of Church House Trust Plc, is to gain independence following a management buyout of the wealth management entity.

The management buyout was proposed after Virgin Money today acquired the banking arm of the manager, Church House Trust, in a deal valuing the regional bank at £12.3m.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire