Cannon Asset Managers, which is now owned by Seriti Capital Partners, wants to grow its institutional client base to achieve a more even split between the funds it manages on behalf of individuals and those of firms managing large pools of capital.

Bidvest Financial Services sold its 100% shareholding in Cannon Asset Managers to Seriti Capital in a deal that took effect from September 1, just five months after Cannon’s founder, Adrian Saville, left his position as CEO...

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