Added to TwentyFour AM's UK Mortgages strategy
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The Caledonia investment trust has agreed to acquire a 94% stake in Seven Investment Management in a deal valuing the firm at £100m.
Threadneedle is to merge its multi-manager range into funds run by Seven Investment Management (7IM), with two managers set to move across as part of the deal, Investment Week can reveal.
The partners of Seven Investment Management (7IM) are considering selling the business, according to reports.