St James Place (SJP), a UK-based investment manager, is looking to expand into the Asian market this year with an acquisition of Henley Group.

Henley Group is an advisory business with approximately £400 million in assets under management (AuM) with 4000 clients in Singapore, Shanghai and Hong Kong.

David Bellamy, chief executive, said: "This is an exciting development for us that we believe sits perfectly with our comprehensive investment approach and, subject to regulatory approval, the acquisition should be finalised in the first few months of 2014."
The deal comes after Lloyds Banking Group sold their final 21% stake in SJP in December of last year.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.