LGT Capital to buy 30% stake in QUANTIS Investment
LGT Capital Management, a subsidiary of Liechtenstein-based asset manager LGT Group, has agreed to buy a 30% monority stake in QUANTIS Investment Management from BROKERNET Investment Holding for an undisclosed sum.
Budapest-based QUANTIS Investment Management is an independent multi-manager which belongs to the BROKERNET Group, Hungary's financial advisory organization.
The transaction will allow QUANTIS Investment and LGT Capital to develop their business in Eastern Europe.
As part of the agreement, QUANTIS Investment Management will be responsible for the regional distribution of LGT Capital Management's multiple funds in Hungary.
QUANTIS Investment Management CEO Akos Sarandi said that we can leverage the expertise of LGT Group in private banking to deliver innovative solutions to our clients. Under the strategic partnership LGT Group intends to develop new products with QUANTIS Investment Management.
The transaction is subject to authority approval.
Related Insight
Suppliers Directory
Wealth & Assets Management Asset Management Hedge Funds Private Equity Mutual Funds
Intermediaries Prime Brokerages Custody & Clearing ECN & Exchanges
Technology Banking Technology Security Tech Outsourcing & BPO
Policies & Regulatory Compliance Risk Management
Asset Management Intelligence
Allianz SE (Allianz) is one of the leading global financial services providers, offering a range of banking, asset management and insurance services. The company was formerly known as Allianz AG. Allianz is the parent company for the Allianz Group of companies. The company is one of leading insurance providers in the property and causality, and life insurance in the global market. Allianz is one of the major players in the German insurance market. The company, combined with its subsidiaries, serves over 75 million customers in more than 70 countries across Europe, Asia-Pacific, America and Africa. The company's banking operations are conducted through Dresdner Bank AG and its subsidiaries. Global Markets Direct’s Allianz SE - Financial and Strategic Analysis Review is an in-depth business, strategic and financial analysis of Allianz SE. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the detailed strategic analysis of the company. This highlights its strengths and weaknesses and the opportunities and threats it faces going forward. Buy online from $125
Comments may be moderated for spam, obscenities or defamation.