Boutique asset managers set to merge forming $2.3bn business

Specialist asset management firms Quaero Capital and Tiburon Partners have announced they will merge, creating a business with over $2.3 billion (£1.7 billion) in assets under management (AUM). Subject to Financial Conduct Authority (FCA) and Swiss Financial Market Supervisory Authority (Finma) approval, the tie-up will form a single business under…