Waverton Investment Management has acquired fund boutique 2CG Senhouse, founded by fund managers Chris Garsten and Charles Glasse who previously ran a European portfolio on an outsourced basis for PSigma AM.
Waverton, previously JO Hambro Investment Management until the group rebranded in 2014, said it had fully acquired the 2CG Senhouse business, subject to regulatory approval. The deal includes 2CG's five-strong investment team and European Capital Growth, European Income and South East Asian Focus funds. Andrew Fleming (pictured), CEO of Waverton, said: "I am delighted to welcome the new team to Waverton and am confident that their expertise will further strengthen Waverton's European and Asian equity offerings and that we will be a good 'home' for 2CG Senhouse's existing clients. R...
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