Zurich/London/Glasgow, December 4, 2009: Helvetia Wealth acquires two UK asset management firms – now more than 1 Billion Swiss Francs under management
Helvetia Wealth AG announced today that it has bought Glasgow-based City Gate Money Managers Limited and a controlling stake in London-based TAM Asset Management, both providing investment products and services to financial intermediaries and investors, for an undisclosed sum. With these acquisitions, Helvetia Wealth has increased its assets under management to more than CHF 1 Billion, just four years after its foundation as an independent wealth manager. – Shepard Fox Communications created the announcement, distributed the press release in English and German via financial newswires and custom-made distribution lists, handled all media requests and arranged for interviews with the CEOs of the three companies involved.