International investment bank Goldman Sachs has invested in a 34.8% stake in Barrie & Hibbert (B&H), a provider of asset modelling and associated consulting services to the European insurance, pensions and fund management industries.
Barrie, chief executive of B&H, said: “After a period of consultation and review of our options we have decided that these initiatives outlined today present us with the optimal route to take the company and our services onto the next phase of development.
“We know how important our products are to our customers. This new investment will allow us to continue enhancing and developing these products and our support infrastructure in order to meet growing and sophisticated demands from our clients.”
Square Mile’s series of informal interviews
'An entirely different beast': How have emerging markets, Asia and Japanese equities evolved over the past decade?
Talking Strategies: In the video below, Jupiter's fund managers discuss how changing tides over the past two decades have resulted in emerging markets, including EMD, and Asia and Japanese equities to become a core part of many wealth manager portfolios....
Spent 20 years with Aviva
Latest news and analysis