Investment manager Lansdowne Partners to buy $1.1 bln CRUX Asset Management – investor letter
LONDON, May 31 (Reuters) – London-based investment manager Lansdowne Partners LLP said on Wednesday it had agreed to acquire the $1.1 billion UK equities manager CRUX Asset Management, subject to regulatory approval, according to an investor letter seen by Reuters. Lansdowne’s purchase, the value of which remains undisclosed, serves as a succession plan for CRUX’s […]