Saxo Bank has purchased stakes in two specialist asset managers, taking the entire share capital of Capital Four Management and 51% of Global Evolution.
Capital Four’s expertise is in European corporate bonds, while Global Evolution focus is in emerging market fixed income and FX.
The acquisitions bring around DKK 14 billion ($2.64 billion) of assets under management under Saxo Asset Management’s umbrella. “We regard Capital Four and Global Evolution as among the leading European asset managers in their own sectors.
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