Investment manager

Momentum Global IM acquires UK investment manager

Momentum Global Investment Management Limited (MGIM), the UK subsidiary of Momentum Metropolitan Holdings, will acquire Seneca Investment Managers (SIM). Completion of the acquisition is subject to UK regulatory approvals. The deal will create a combined global business with assets under management of £4.7 billion ($6.14 billion, €5.12 billion). Financial terms of the transaction were not […]