This latest development follows an update last month where it was reported that inflows at Nucleus fell as the takeover deal with James Hay neared.
The firm reported gross inflows of £578m in the three months to the end of June, compared with £637m during the previous quarter.
Article continues after advert
sonia.rach@ft.com
What do you think about the issues raised by this story? Email us on FTAletters@ft.com to let us know
Page 2 of 2