7IM, a leading wealth management firm, has downplayed speculation that it is planning to relocate its office and then sell the business to some of the private equity firms that have reported interest, as first reported by Money Marketing.
The company has been the subject of rumors in recent weeks, after it was reported that it was looking for a new office space in London.
Private Equity News UK
7IM has also denied rumors that it is planning to sell the business.
The company said that it is committed to its long-term strategy and has no plans to sell.
The rumors about 7IM have come at a time when the wealth management industry is facing challenges.
The industry has been hit by a number of scandals in recent years, and investors are becoming more cautious about where they put their money.
However, 7IM has reportedly said that it is confident in its business and its future.
Private Equity News UK – 7IM Downplays Office Relocation and Sale Speculation
