PRESS RELEASE
THE RIGHT DEAL FOR CLIENTS - WALKER CRIPS AND ASHCOURT ROWAN
AGREE INVESTMENT
MANAGER TRANSFER TO FOCUS ON CLIENTS' BEST INTERESTS
6th June 2012
Walker Crips and Ashcourt Rowan have announced this morning
that they have agreed to facilitate the transfer of six
Investment Managers from Savoy Investment Management Limited
to Walker Crips Stockbrokers Limited.
This agreement represents a further step in Walker Crips' growth strategy and its stated aim of serving clients as they wish to be served - as individuals. The investment managers will be focused on continuing to provide clients with the most suitable investment management, advice and access to services.
The deal is in line with Ashcourt Rowan's
strategy and its new integrated wealth management business,
investment process and operating model.
Rodney FitzGerald, CEO, Walker Crips Group commented
"We are delighted that we have made this
agreement with Ashcourt Rowan and will continue to provide
these Investment Managers' clients with a bespoke
service. We are well placed to act in our new clients'
best interests, in accordance with their own specific
requirements, with our bespoke investment management, wealth
management and stockbroking services. "
The transfer follows the announcement of Walker Crips
acquisition and expansion plans after the
disposal of the WCAM division to Liontrust and the hiring of Mark Rushton as the Firm's new CIO.
Mark Rushton adds "This fresh injection of talent will complement the existing skills of our capable investment team as we continue to make investment rewarding for our clients. We are looking forward to working alongside our new colleagues and welcoming their clients to this special firm."
About Walker Crips
Walker Crips predecessors first bought and sold shares for
clients on the London Stock Exchange in
1914. Through acquisitions, the company can now trace its
roots as far back as the 18th century,
making it one of the City of London's oldest independent companies.
Today Walker Crips Group plc is a fully listed UK public
company specialising in Fund Management, Wealth Management,
Stockbroking and Structured Investments.
Walker Crips Group plc incorporates the following companies
which are authorised and regulated by the Financial Services
Authority.