Davy picks up Sarasin’s Irish operations as Brexit pushes ethical investor out

Stockbroker Davy is buying the Irish operations of Sarasin & Partner, a UK-based asset manager specialising in ethical investing for charities, private clients and institutional investors. The deal, Davy’s 10th acquisition since 2012, is believed to be Brexit-related. For regulatory reasons, Sarasin cannot continue operating its Dublin office on St…