AssetCo acquires Saracen Fund Managers
An exciting time awaits for Saracen clients and staff
It has become increasingly difficult for smaller boutiques to gain traction with larger managers. With the backing of AssetCo, Saracen will be able to increase research capacity, distribution capabilities and fund offerings. This deal promotes continuity of all staff and no change to our philosophy and process for our funds.
This is a fantastic opportunity and we look forward to working with Asset Co in the years ahead.
What does this mean for clients?
Saracen will continue to operate under the Saracen brand with the same team in place. We are proud of our unique investment process and there will be no change in how we run our funds. With additional hires both on the research and distribution side we look forward to servicing our clients in a more tailored way. Over time clients can look forward to an enhanced offering as we look to grow the business with an experienced and resourceful parent company.
The AssetCo RNS can be found here.