Schroders-backed Cazenove Capital completed the acquisition of Whitley Asset Management.

Schroders-backed Cazenove Capital, a provider of wealth management services, completed the acquisition of Whitley Asset Management, a wealth management firm. Financial terms were not disclosed. “After building up Whitley Asset Management for over 20 years, looking ahead to the next 20 years I believe that Cazenove Capital is the ideal home both for our clients and for our team. I feel very proud to have built a business which Cazenove Capital wishes to take on. As one of the leading and in our view the most respected wealth manager in the UK, Cazenove Capital was really the only choice for us. Combining excellent client service with impressive investment performance, Cazenove Capital shares the same ethos as us – and they also benefit from the depth and global breadth of Schroders," Edward Whitley, Whitley Asset Management Founder and CEO.