Sygnia is eyeing acquisitions in SA, the UK and the US

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‘The primary target market for those funds in Ireland is initially South Africans who have externalised their funds ... secondary strategy is to attract money from international investors.' - sygnia executive chair Magda Wierzycka. Moneyweb Investing

‘The primary target market for those funds in Ireland is initially South Africans who have externalised their funds, and the secondary strategy is to attract money from international investors. ‘I have been involved in several marketing sales pitches in the UK to UK investors. We have a sporting chance to attract money into our product offering,’ she said. Sygnia is eyeing bolt-on acquisitions in South Africa, the UK and the US, Wierzycka added. ‘We are interested in making small acquisitions.

This platform, which is not dissimilar to Quilter’s launch in the UK, is an absolute game-changer. ‘We believe this platform will attract more retail investors to us because of the improved functionality, straight-through processing and far better customer experience,’ he added. This article was first published on Citywire here. Disclaimer: Justin Brown owns five shares in Sygnia. jQuery.on { event.preventDefault; jQuery.animate).offset.top }, 500); }); jQuery.ready { jQuery.bind { jQuery.

 

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