Sanlam to assume responsibility of eight S&W funds as six managers join

Boosts AUM by £1.2bn

James Baxter-Derrington
clock • 2 min read

Sanlam Investments is to assume responsibility for eight Smith & Williamson managed funds, boosting the firm's assets under management (AUM) by £1.2bn and adding six fund managers to the team.

The deal will see Sanlam take on several equity, fixed income and thematic funds, subject to approval from both boards of S&W Fund Administration and S&W Investment Management Ireland, and will bring the firm's total AUM to £7.3bn. Almost half of the total AUM moving to Sanlam comes from the £584m S&W Artificial Intelligence fund, which will boost the company's specialist thematic offering. Also part of the deal, which is expected to be completed by the end of January, are three equity funds - S&W North American Equity, S&W UK Equity Growth and S&W European Equity - and three fixed in...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Woodford IM hits back at FCA's enforcement action including £46m in fines

Woodford IM hits back at FCA's enforcement action including £46m in fines

WIM said it 'strongly disagrees' with the regulator's decision

Cristian Angeloni
clock 05 August 2025 • 3 min read
Regulator bans and fines Neil Woodford and Woodford IM £46m

Regulator bans and fines Neil Woodford and Woodford IM £46m

Woodford has appealed the decision to the Upper Tribunal

Cristian Angeloni
clock 05 August 2025 • 3 min read
Darius McDermott: The line between resilience and risk

Darius McDermott: The line between resilience and risk

'Trump has, for the most part, chickened out'

Darius McDermott
clock 29 July 2025 • 5 min read