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Announced

Carne Group to acquire a majority stake in The Asset Management Exchange from Willis Towers Watson.

Synopsis

Carne Group, a digitally driven platform for the global asset management industry, agreed to acquire a majority stake in The Asset Management Exchange, a wealth management firm, from Willis Towers Watson, an Irish-domiciled global multinational risk management, insurance brokerage and advisory company. financial terms were not disclosed. “We are excited to have agreed this transaction with Carne Group, and we look forward to working together with Carne as a partner and investor. Five years ago, AMX was established to transform investor experience and outcomes. Now as part of Carne, AMX can realise its full potential, delivering new products and enhanced services to a wider section of our client base in more jurisdictions and asset classes," Carl Hess, WTW CEO.

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