News

17
Oct

Acquisition of Sinfonia Asset Management Limited

Tatton Asset Management, the on-platform discretionary fund management and IFA support services business, has announced the recent acquisition of the entire issued share capital of Sinfonia Asset Management Limited, a wholly owned subsidiary of the Tenet Group for up to £2.7 million.

Paul Hogarth, Founder and CEO of Tatton Asset Management, said: “Following the strategic partnership agreement with the Tenet Group which we announced in June of this year, we are delighted to have acquired the Sinfonia range of funds from Tenet. The acquisition of these funds continues to strengthen our relationship with Tenet and complements our current portfolio range of investments which both broadens our proposition to the wider investment community and contributed to the Group reaching the £7 billion AUM milestone.”