Wealth and Asset Management
LGT to acquire discretionary fund management business of abrdn in the United Kingdom
LGT has reached an agreement with abrdn to acquire their discretionary fund management business in the UK and Jersey. With this transaction, involving approximately GBP 6.1 billion in assets under management and close to 140 employees, LGT is further strengthening its position in the UK wealth management market. The high-quality…
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