Cornelian leaves the door open for more acquisitions.

From: Investment Adviser | Date: July 25, 2005 | Copyright information

Edinburgh-based Cornelian Asset Managers is not ruling out acquisitions as its looks to double its assets.

The company has grown assets under management from AGBP45m to AGBP145m over the past three years and is aiming to double this over the next two years.

Richard Allison, director for Cornelian, said this would be through organic growth of the business having launched an Oeic with two sub-funds in April, as well as through possible acquisitions. He said: "If we feel there is an opportunity to expand, which could be through ...

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