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Canaccord Genuity Group Inc. announces acquisition to increase scale of Canaccord Genuity Wealth Management in the UK & Europe
Canaccord Genuity Group Inc. announces acquisition to increase scale of Canaccord Genuity ...
About this update from Canaccord Genuity Group Inc.
[{"type":"text","content":"\n\n\n\nCanaccord Genuity Group Inc. announces acquisition to increase scale of Canaccord Genuity Wealth Management in the UK & Europe\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nBORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: TOP; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbtb0{\nBORDER-BOTTOM:black 0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n\n\n\n\n\n\nCanaccord Genuity Group Inc. announces acquisition to increase scale of Canaccord Genuity Wealth Management in the UK & Europe\nCanada NewsWire\nTORONTO, July 5, 2017\n\n\n\nAcquisition of Hargreave Hale Limited combines two leading independent wealth management businesses and will increase client assets and funds under management and advice in the UK & Europe wealth management business to over £22 billion (C$38 billion) \n\n\n\nTORONTO, July 5, 2017 /CNW/ - Canaccord Genuity Group Inc. (the \"Company\", TSX: CF) is pleased to announce that through its UK & Europe based wealth management business, Canaccord Genuity Wealth Management (\"CGWM (UK)\"), it has agreed to acquire Hargreave Hale Limited (\"Hargreave Hale\"), a leading independent UK-based investment and wealth management business with a total of £8.0 billion (C$13.5 billion) in assets under administration, management and management contract.\n\n\n \n \n\n \nThe transaction establishes a substantially enlarged wealth management operation in the UK and Europe with over £18.0 billion (C$30.4 billion) in private client assets and over £4.7 billion (C$7.9 billion) in fund management assets and represents another step in the Company's strategy of growing its global wealth management business and increasing its wealth management contr...