Threadneedle snaps up emerging market hedge fund

UK fund manager Threadneedle Investments is to acquire emerging market hedge fund specialist Convivo Capital Management, a former unit of Aberdeen Asset Management.

The deal will bring in $495m (€361.6m) of assets under management.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink