Canaccord Genuity completes acquisition of Cantab Asset Management

Canaccord Genuity Group has completed its purchase of Cambridge-headquartered Cantab Asset Management, via its wealth management business Canaccord Genuity Wealth Management (CGWM). The proposed purchase of the independent financial planning business was first announced in May this year. CGWM’s acquisition of Cantab has increased its assets under management by £900m,…