Tatton acquires Verbatim funds and signs Fintel distribution deal

Pay up to £5.8m for Verbatim funds

Kathleen Gallagher
clock • 1 min read
Paul Hogarth, Chief Executive Officer of Tatton
Image:

Paul Hogarth, Chief Executive Officer of Tatton

Tatton Asset Management has announced the acquisition of £650m Verbatim funds and a strategic distribution with fintech and support service provider Fintel.

Tatton will pay a cash consideration of up to £5.8m for Verbatim's multi-asset and multi-index funds. £2.8m has been paid in cash on completion with the remainder being subject to certain performan...

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