Adam Laird, former head of Northern European ETF strategy at Lyxor, has launched Ards Ventures – a UK consolidator dedicated to asset management.
Laird left Lyxor in December 2019 after three years in order to "change the asset management industry" but details of his new venture were not disclosed until today (23 June). The founder of the firm said consolidation has proven a popular strategy in financial equity, with various consolidators active in the wealth advisory and DB pensions areas of the market. Brooks Macdonald hires former BlackRock director to head up investment solutions team Given the asset management industry has seen a number of established firms acquiring competitors over recent years, Laird said Ards Ventur...
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