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...
Cuts fees across multi-manager range
Third highest monthly figure since 1993
Took office yesterday
Simon Evan-Cook to leave business later this month
UK-domiciled equity funds add £24.2bn
From the horse's mouth