Punter Southall Group has taken a 100% of PSigma Asset Management, formerly a joint venture with 50% owned by the founding partners and 50% by Punter Southall.
Since PSigma was established in 2007, its assets under management have grown to £750 million (€901 million).
In a statement, both say there will be “business as usual with no changes to key investment teams and managers”.
The PSigma funds and institutional mandates will continue to be managed in the same way.
Jonathan Punter, the chief executive of Punter Southall, says the deal “reinforces the scope and scale of investment services the group is able to offer to a broad spectrum of clients”.
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