LGT has reached an agreement with abrdn to acquire their discretionary fund management business in the UK and Jersey.
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| | 28/02/2023
LGT has reached an agreement with abrdn to acquire their discretionary fund management business in the UK and Jersey. With this transaction, involving approximately GBP 6.1 billion in assets under management and close to 140 employees, LGT is further strengthening its position in the UK wealth management market. For more information, please see the press release.
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