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FT Adviser – Momentum Global Investment Management acquires Seneca Investment Managers

FT Adviser – Momentum Global Investment Management acquires Seneca Investment Managers

Momentum Global Investment Management intends to lower the charges on its fund range as it looks to pass on savings made through its acquisition of Seneca Investment Managers. Ferdi van Heerden, chief executive of MGIM, told FTAdviser the fund house would use the synergies created through the takeover to lower the cost of its funds for advisers. Read the full article here: https://www.ftadviser.com/investments/2020/10/13/momentum-eyes-lower-fees-post-seneca-deal/

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