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KBC AM buys majority stake in New Zealand’s Liontamer

The asset management arm of KBC Group, KBC Asset Manangement, has bought a 51% share of New Zealand-based structured products provider Liontamer Investments for an undisclosed sum.

KBC says it will help Liontamer design new products and improve its existing capital protected products. Liontamer will now distribute open-ended funds alongside its capital protected offerings.

Auckland-based boutique fund manager Liotamer is the only specialist provider of capital protected managed funds in New Zealand and has launched 21 funds with full or partial capital protection since 2003

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