Titan Wealth to acquire Ravenscroft Investments
Follows the acquisition of Ravenscroft’s UK investment management business last year
Follows the acquisition of Ravenscroft’s UK investment management business last year
Deal takes acquirer’s AuM to £9.4bn
It will be available in Guernsey, Jersey and the Isle of Man
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It will offer access to companies looking to solve some of the world’s ‘most pressing’ challenges
Deal will include an investment management and life insurance business
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The deal is worth up to £662,500 and comes nearly three months after it issued a profit warning
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Italian insurer Generali has appointed a country manager for Italy and named a group chief investment officer. Ravenscroft has a new group managing director, while Old Mutual Wealth is to bid farewell to a company veteran.
A strategic stake has been taken in Jersey-headquartered investment consultancy Enhance Group, by a closed-ended investment fund managed by Channel Islands-based Ravenscroft.
MitonOptimal International, the Guernsey-headquartered discretionary fund management company, has revealed that Bailiwick Investments has taken an 11% stake in the group’s business.