On November 1, 2017, it was reported that Thesis Asset Management will acquire Cambridge Fund Managers.
The acquisition will bring an additional £30 million in assets under management and 80 clients to Thesis Asset Management (“Thesis”). The transaction remains subject to regulatory approval and is expected to close by December 31, 2017.
Thesis is a Chichester-based, discretionary fund manager that provides investment management services for private clients, pensions, trusts, and charities. As at June 30, 2017, Thesis has approximately £13.6 billion in funds under management and advisement.
Cambridge Fund Managers is a Bath-based discretionary fund manager.
To read the press release: please click here.