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An influx of new capital from European and US firms into Vietnam has become noticeable, with the local mergers and acquisitions (M&A) market expected to maintain its attractiveness despite its relatively modest scale.
Lansdowne Partners has purchased CRUX Asset Management for an undisclosed sum, subject to regulatory approval.
The owners of UAE-based budget retailer Brands For Less Group (BFL Group) are considering selling a minority stake in the business to investors, two sources with direct knowledge of the matter said.
The potential acquisition of GAM by Liontrust took the industry by surprise, but the Swiss manager's capabilities have been deemed "complementary"
Liontrust is set to deliver profits beyond market expectations, despite recording net outflows of £4.8bn for the 12 months to 31 March 2023.