East Capital acquires Monyx

Jonathan Boyd
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East Capital acquires Monyx

Swedish manager East Capital has announced that subject to regulatory approval it will acquire Monyx Asset Management and Nordic Fund Services SA from NewCap Holding A/S. Monyx manages some €3bn in Nordic and global equity and fixed income funds. The proposed deal would see Monyx remain as a seperate entity in the East Capital group, as a fully owned subsidiary. East Capital AM would retain its own focus on emerging and frontier markets. With some €2.9bn manged currently, the additional...

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Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.