East Capital acquires Monyx

Jonathan Boyd
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.