Close acquires Aon Asset Management

clock

Close Investments has acquired Aon Asset Management's multi-manager business, which will be combined with its own to form Close Multi-Manager with funds under management of about £2bn.

The Dublin-based Aon business was formed in March 2003 and includes six Oeic funds covering global asset classes. Its boss Adrian Swales will become chief executive of Close Multi-Manager, as Steve Delo from Close TEAMS takes up the managing director role. Tommy Garvy, another Aon person, becomes chief investment officer, working alongside other managers Nicola Springall and Patrick Norwood, both of Close TEAMS. If you have any comments you would like to add to this story or would like to speak to its author about a similar subject, telephone Jonathan Boyd on 020 7484 9769 or email jo...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Autumn Budget 24: Reeves sets 20% IHT rate on AIM shares

Autumn Budget 24: Reeves sets 20% IHT rate on AIM shares

Chancellor unveils 50% relief

Cristian Angeloni
clock 30 October 2024 • 1 min read
Cash in Conversation: A poll for financial advisers

Cash in Conversation: A poll for financial advisers

Professional Adviser
clock 29 October 2024 • 1 min read
The challenges and opportunities for active managers

The challenges and opportunities for active managers

'We believe good active managers always have a place in a portfolio'

Darius McDermott
clock 29 October 2024 • 5 min read