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Stonehage Fleming agrees to buy Rootstock Investment

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Upon conclusion of the deal, which is subject to regulatory approval, Stonehage Fleming will acquire all the operating activities of Rootstock

Stonehage Fleming, the international multifamily office and wealth manager, has agreed to acquire the business and assets of SA-based fund manager Rootstock Investment Management.

“This transaction continues our strategy of supplementing organic growth through select acquisitions,” Stonehage Fleming CEO Chris Merry said. “We have known Rootstock for many years and are confident of the cultural fit between the firms, already sharing a number of clients.”..

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