UK - Credit Suisse Asset Management (CSAM) - the institutional and mutual fund management arm of Credit Suisse Group - has acquired SLC Asset Management (SLCAM) for an undisclosed amount, in a move that is likely to result in some job losses.
According to deputy chairman for CSAM, Bob Parker, some losses will occur as result of the deal but were not likely to be on a major scale. He added that the firm was still working on the merger of...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
