LONDON, UK: AssetCo has completed the acquisition of the entire issued share capital of Ocean Dial Asset Management Limited from Avendus Capital Asset Management (UK) Limited. This follows confirmation of relevant clearances from the FCA and Indian regulators. The initial consideration has been satisfied by the delivery of 1,464,129 ordinary shares of £0.01 each in…
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AssetCo gets FCA approval for Ocean Dial acquisition
LONDON, UK: AssetCo, the agile asset and wealth management company, has received the green light from the UK regulator to proceed with its acquisition of Ocean Dial Asset Management Limited, a specialist India-focused fund manager. The Financial Conduct Authority (FCA) has approved AssetCo’s change in control application, which was announced on 6 March 2023. The…