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New investment management style for grown up European Wealth Group

John Morton, group chief executive of European Wealth Group Ltd (LON:EWG), says the wealth management firm is introducing a new investment management style after the purchase of CIMCO Partners Management Limited which manages the Gibraltar-based G20 Absolute Return fund.

“We now have a fixed interest offering, an equity offering and an absolute return offering which I feel makes the fund structure about right,” says Morton who is committed to a remit of matching products and staff with clients. “The structure of the company has to grow up as out turnover grows.”

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Price: 15 GBX

LSE:KWG
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Market Cap: £32.54 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