Swedish fund manager doesn't rule out acquisitions in hunt for scale
Lannebo wants to grow, be it organically in its home market or through gaining more market shares abroad. At the same time, acquisitions are not out of the question, but the firm's Chairman says it would rather be the buyer than the target of the acquisition.
BY MIRZA GAZIC
Growing your business as a smaller fund manager in Sweden can be challenging when you don't have the same muscle power as the big banks. Maintaining or even increasing market shares is hard in an industry where there is more consolidation going on.
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