Sarasin to acquire London firm Chiswell

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Sarasin Investment Management, the subsidiary of Sarasin, the Swiss private bank, is set to buy Lond...

Sarasin Investment Management, the subsidiary of Sarasin, the Swiss private bank, is set to buy London-based Chiswell Associates. This is a move to increase the assets of both companies, as both are London based and have similar client bases - private clients, charities and investment funds. Chiswell's total funds under management at the end of 2003 amounted to £1.8bn. The combined funds under management of the two companies in the UK will be approximately £4bn. See www.sarasin.co.uk.

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