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European Wealth looking to grow client-base through acquisitions

John Morton, executive chairman of fund manager European Wealth Group Ltd (LON:EWG) says the business is all about offering clients a variety of investment options and providing individual care and personal service.

Speaking to Proactive Investors at the UK Investor Show, Morton says “people tend to have ambitions in life – they want to retire at 50 or they want to provide for the grandchildren’s schooling or something – and it is our job to help them make, and probably more importantly keep, the money to achieve that objective.”

Morton adds that while the company has retained its client base well over the last few months, it is looking to grow through the integration of previous acquisitions, while remaining on the lookout for new potential takeover targets.

Quick facts: Kingswood Holdings Limited

Price: 19.8 GBX

LSE:KWG
Market: LSE
Market Cap: £42.95 m
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A 'sigh of relief' at European Wealth now they're back on an even keel after...

On the back of their £8.8mln fundraise, John Morton, chief executive of European Wealth Group Limited (LON:EWG) tells Proactive the main strategy behind the injection of cash was to replace a convertible loan they had in place which was due for repayment. ''It got to the stage where we...

on 18/7/17

2 min read