24 GIF soon to claim listing in roster of top asset managers in the UK, courtesy speculated merger with Ersten Fonds

A speculated merger is going to take place between London-based asset management company 24 GIF (Twenty four global investment funds) and Berlin-based major hedge fund firm Ersten Fonds in the coming months that will significantly raise 24 GIF’s assets to 800 million.

March 28, 2019 – London, UK – The European fiscal tinsel town is currently abuzz with a potential speculation of a merger between leading London-based asset management company 24 GIF (Twenty four global investment funds) and Berlin-based major hedge fund firm Ersten Fonds. The speculated partnership will have 24 GIF taking over the management of Ersten’s assets which is estimated to be around 670 million. If the speculation turns out to be true, 24 GIF will soon claim a position among top asset managers in the UK with a whooping rise in its AUM (Assets Under Management) level that will hike to 800 million from the present 130 million.

The merger is rumuored  to take place sometime between June-July 2019.

As per the market experts, the speculated merger will be mutually beneficial for both the companies. The potential partnership will combine investment capabilities of both the firms and render them great opportunities to explore unique investment solutions for their clients.

24 GIF will benefit from a remarkably increased overall fund size that will also leverage its stature in the asset management market big time. Besides, the speculated merger will also help the London-based company with boosted income and will further enable it to attract more customers with lower fees. With asset management firms under constant pressure to cut down on fees today, reduced fees (due to the merger) will certainly extend a competitive edge to 24 GIF.

“Exorbitant fees have been pushing back clients big time. No wonder, expense ratio on part of investors has declined drastically of late. In such a crisis, the ability to lower down fees is like  finding an oasis in the middle of a desert for a fund management company such as 24 GIF. The possible merger with Ersten will scale up its income and will enable it to lower down the fees. And that will immediately pull in more customer for the company. Put simply, if the merger turns out to be true, 24 GIF will soon be able to stand over its competitors”, stated a leading market pundit while asked about the speculated merger between the two companies.

Similarly, Ersten will also reap good benefits of the possible merger comes to life. Market gurus have pointed out, the merger with 24 GIF will help  to enhance economies of scale for the Berlin-based hedge fund company. In fact, the partnership with 24 GIF will enable Ersten to cater to its clients in a much better way.

“If the speculated merger turns to reality, we will witness the coming together of great investment expertise of both the companies. It will help both 24 GIF & Ersten to ensure an improved experience for their customers. It’s going to be a landmark chapter for both the London-based firm and the Berlin company.”

For further details, please visit https://24gif.co.uk.

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Company Name: 24 GIF (Twenty four global investment funds)
Contact Person: Steven Jones
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City: London
Country: United Kingdom
Website: http://24gif.co.uk