FCA approves AssetCo acquisition of Ocean Dial AM
The Financial Conduct Authority has approved AssetCo’s £4.1m purchase of Ocean Dial Asset Management.
Source: investmentweek.co.uk
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The Financial Conduct Authority has approved AssetCo’s £4.1m purchase of Ocean Dial Asset Management.
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AssetCo has reached an agreement to acquire the entire issued share capital of Ocean Dial Asset Management for a total consideration of £4.1m.
The company said it would purchase the investment manager for £4.1million from its current owner, London-based Avendus Capital Asset Management.