AssetCo has completed the £4.1m acquisition of Ocean Dial Asset Management, which will be merged with River and Mercantile.
This will include the combination with AssetCo's other equity management businesses which, following the merger, will operate from a shared, centralised infrastructure, set to be established "in due course", it said in a regulatory filing today (2 October). FCA approves AssetCo acquisition of Ocean Dial AM Ocean Dial AM's investment trust, India Capital Growth fund (ICGF), will be able to "strengthen the breadth and depth of resources available" by tapping into River and Mercantile's distribution and investment support capabilities, with a focus on ESG. India Capital growth invests...
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