East Capital Holding completes acquisition of Monyx
On 3 June 2019, East Capital Holding completed the previously announced acquisition of the fund management company Monyx. Monyx becomes a fully owned subsidiary of the East Capital Group and will continue to operate as a separate entity focusing on Nordic and global strategies.With the acquisition, the East Capital Group adds a new line of business with expertise in Nordic and global asset management of both equity and fixed income, which complements East Capital’s leading expertise in emerging and frontier markets. The work of developing and incorporating Monyx into the East Capital