The acquisition of Barker Poland also brings additional scale to the operations of the enlarged WCG group, with AUMA rising to around £3.4bn, leaving the company well placed to achieve its medium-term objective of growing to £5bn.
Importantly, Barker Poland will become part of the core investment management offering in London, and its investment style is highly complementary.
Barker Poland’s clients will benefit from the additional resource and investment choices and capabilities within the enlarged group.
The combination of this corporate acquisition with the group’s ongoing rapid pace of recruitment of investment managers and their clients has boosted prospects of even further growth as market awareness of the group’s transformed profile increases.