EFG makes acquisition in the face of shrinking AUM

13 March 2019 | 2 minutes read

Zurich-based EFG International has announced its acquisition of a 51% majority stake in Shaw and Partners, an Australian investment and wealth management firm, with an intention to leverage their “combined growth potential” to double its assets under management in Asia Pacific by 2022. Subject to regulatory approval in Switzerland, the acquisition of up to CHF 44 million is expected to…

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