Vontobel Completes de Purchase of TwentyFour AM by Acquiring the Remaining 40%

Diversification strategy

Date:

staub-zeno
Foto cedidaZeno Staub, CEO de Vontobel. Vontobel AM completa la compra de TwentyFour AM tras adquirir el 40% restante de la boutique

Autor: Beatriz Zúñiga

After acquiring a 60% stake in the fixed income boutique in 2015, Vontobel had intended to buy the remaining 40% in two tranches in 2021 and 2023

TwentyFour will remain operationally independent and will continue to service its clients from offices in London and New York

The acquisition of this stake will be fully financed out of Vontobel’s own funds