Macquarie to acquire ValueInvest Asset Management

AcquisitionMacquarie Investment Management is to acquire Luxembourg-based ValueInvest Asset Management for an undisclosed sum.

ValueInvest, which has around €4 billion of assets under management, specialises in pursuing a value-oriented investment strategy across global and Japanese equities.

The deal, expected to close in mid-2018, will add to Macquarie’s existing presence in Luxembourg.

Ben Bruck, global head of Macquarie Investment Management, said: “Part of our strategy is to selectively expand and strengthen our global capabilities by adding the best investment talent to the business.

“ValueInvest will be an excellent complement to our existing high-conviction equity strategies, and we believe Macquarie’s multi-boutique equity structure and global investment platform will provide a natural fit for the ValueInvest team.”

Founded in 1998, ValueInvest employs 17 people and will continue to be led by chief Jesper Alsing and chief investment officer Jens Hansen.

Macquarie Investment Management is a division of Macquarie Asset Management, an Australia-based firm with €314 billion of assets under management.

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