AXA Places Bluefin Up For Sale

AXA have announced that they have put Bluefin Advisory Services (BAS) up for sale. The sale will include their wealth management division. Bluefin have said in a statement that they have appointed Fenchurch Advisory Partners to advise them on the future of their business in the wake of the sale. The statement said "Working closely with the senior management team in BAS, Fenchurch will consider both the prospects for the continued growth of the business under its existing ownership structure as well as assessing and testing whether Bluefin Advisory Services, its clients and staff would be better positioned under new ownership." Strangely enough, the Bluefin Insurance Group was not part of the review.
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