Wealth and Asset Management
Lugano firms create CHF 2.5bn independent asset manager group
Independent asset managers Zest and LFG Holding are joining together, they announced on Tuesday. The new entity will manage CHF 2.5bn in managed assets, with approximately 700 customers and over 50 employees. Zest-branded funds will keep their name and still be distributed by their current distributors. The deal has already…
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