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JOHCM owner to double US assets following value manager acquisition

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PENDAL GROUP has announced it has entered into an agreement to acquire 100% of Thompson, Siegel & Walmsley for US$320million (A$413 million). Established in 1969 and headquartered in Richmond, Virginia, TSW operates primarily in long-only equity (US and international) with US$23.6 billion (A$30.5 billion) of funds under management (FUM). The…

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