Bringing you live news and features since 2006 

Ogier assists Cazenove with completion of sale to Schroders


Ogier in Jersey has advised Cazenove Capital on its GBP424m recommended takeover by Schroders.

The acquisition, which was subject to the rules of the UK Takeover Code, was announced on 25 March 2013 and was completed using a Jersey scheme of arrangement. 
Final Royal Court approval for the scheme was obtained on 1 July 2013 and the transaction became effective on 2 July.
Cazenove Capital is an investment business specialising in investment funds and wealth management and has a subsidiary office in Jersey servicing international, local and UK non-domiciled clients. Cazenove has GBP17bn of assets under management. Its acquisition by Schroders brings Schroders’ total assets under management to around GBP250bn, adding GBP5.1bn to its funds business and creating a private banking business worth approximately GBP30bn.
Raulin Amy (pictured), head of Ogier’s Jersey corporate and commercial team, says: "We have been working with Cazenove since 2004 assisting with the structuring for their investment, banking and investment management businesses.  It is great to be involved in deals with a local element to them and I am sure Schroders will give the Jersey business a strong platform for future growth."
Herbert Smith Freehills advised Cazenove Capital on English law.

Latest News

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by