Sanlam UK completes acquisition of Thesis Asset Management

Sanlam UK, part of the international financial services group Sanlam Limited, has completed its acquisition of the Thesis Asset Management. Thesis has a significant presence in the south of England, with £1.2bn of assets under management and a team of 30 investment professionals and their support colleagues. The deal takes Sanlam's UK private client discretionary assets under management to £4.2bn. As part of the deal, Sanlam will acquire Thesis' private client business, distribution network, direct support teams and Pallant, its financial planning business. Thesis' offices in Guildfor...