BNP Paribas Investment Partners buys IMS

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BNP Paribas Investment Partners has bought Investment Management Selection in a bid to boost its multi-manager business.

IMS – which was establishment in 1999 by Richard Timberlake and Peter O’Connor and has £5.1bn in assets under management and advice – will join BNP Paribas' multi-management division, FundQuest. F...

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