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

Boosts AUM by £1.2bn

James Baxter-Derrington
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Jonathan Polin, group CEO at Sanlam UK
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Jonathan Polin, group CEO at Sanlam UK

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...

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