'An exceptional fit' sees Corazon bought by CSWM

INDEPENDENT Guernsey-based investment manager Corazon Capital has been bought by Collins Stewart Wealth Management.

Corazon, which was established in 1996 and has offices in Guernsey and Geneva, has assets under management of £382m.

The intention following the acquisition is to integrate its 16 staff into the Collins Stewart team, taking the number of investment professionals in CSWM's Channel Island offices to more than 60.

The enlarged business will have in excess of £6bn of assets under management.

Charlie Roger, head of CSWM, said Corazon was a particularly good fit for the business.

• Read the full story in the Guernsey Press. See below for subscription details.