CSAM to buy Artemis FoF range

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Artemis has just announced it is selling its multi-manager Premier Funds business to Credit Suisse Asset Management.

A total of eight sub funds within the umbrella fund of funds structure - worth £134m - and attached discretionary management service will be transferred to CSAM in May. Artemis says it will continue to be responsible for management of the fund range until then. IFAonline

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