The US fund manager is set to acquire London-based Atlantic House, enhancing its global ETF and defined outcome capabilities, expanding UK adviser distribution and strengthening its model portfolio solutions platform across key wealth markets.
WisdomTree, Inc. (NYSE: WT) has entered into a definitive agreement to acquire Atlantic House Holdings Limited, a London-based manager specialising in defined outcome and derivatives-driven investment strategies, which currently manages approximately £4.1 billion (US$5.5 billion) in assets. Joining WisdomTree allows us to broaden access to our strategies across Europe and the US - Tom May, Atlantic House The acquisition, valued at £150m, is expected to close in the second quarter