Lloyd Fonds (LF) took the first major steps in its transition to an active asset manager by acquiring Lange Assets & Consulting and SPSW Capital announced in H119. Both transactions should be completed in H219, contributing €350m and €650m to LF’s assets under management (AUM), respectively. This would help LF meet its guidance of €1.0bn AUM in two core business segments by end 2019. As part of the deals, LF will acquire tenured fund managers to hold executive positio
10 Oct 2019
Lloyd Fonds - Continued business repositioning
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Lloyd Fonds - Continued business repositioning
LAIQON AG (LQAG:ETR) | 0 0 0.0% | Mkt Cap: 21.7m
- Published:
10 Oct 2019 -
Author:
Milosz Papst -
Pages:
5
Lloyd Fonds (LF) took the first major steps in its transition to an active asset manager by acquiring Lange Assets & Consulting and SPSW Capital announced in H119. Both transactions should be completed in H219, contributing €350m and €650m to LF’s assets under management (AUM), respectively. This would help LF meet its guidance of €1.0bn AUM in two core business segments by end 2019. As part of the deals, LF will acquire tenured fund managers to hold executive positio