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First Quadrant acquire Prolific Objective Asset Management

Investment managers First Quadrant has acquired London based Prolific Objective Asset Management.


The deal will increase Quadrant&#39s £8.5bn in assets and overlays via the London office by about 10 per cent.


POAM primarily specialises in enhanced indexation and use derivative based strategies to protect institutional investors with a high exposure to equities against market falls.


POAM managing director Philip Ainsworth says: “The fit of our expertise and products with First Quadrant is excellent and offers genuine opportunities for us to build business across major markets.”

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The value of an investment and any income from it can fall as well as rise and you may not get back the amount originally invested. Forecasts and past performance are not a guide to future performance. Some information and statistical data herein has been obtained from sources we believe to be reliable but in no way are warranted by us as to their accuracy or completeness. These are Neptune’s views and as such this document is deemed to be impartial research. We do not undertake to advise you of any change to our views.

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