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Australian wealth manager buys UK based boutique investment firm

BT Investment Management (BTIM), the wealth management unit of Australian lender Westpac has agreed to buy London-based J O Hambro Capital (JOHCM). The transaction is conditional on certain regulatory approvals including from the UK Financial Services Authority, and is expected to complete in the fourth calendar quarter of 2011. J O Hambro Capital Management is a boutique investment firm and…

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