Carne acquires Japan Fund Management (Luxembourg) 02 July 2025Luxembourg Reporter: Jack McRae
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Carne Group has acquired Japan Fund Management (Luxembourg) from Mizuho Trust & Banking (Luxembourg).
The acquisition aims to help the firm strengthen its position as a leading third-party management company in Luxembourg.
Carne Group adds that it believes the acquisition improves its position in the Japanese funds sector.
John Donohoe, founder and CEO of Carne, says: “This deal is just one example of a ‘super-evolution’ that is rapidly gathering pace across the funds industry: even the biggest firms are seeking to outsource complex parts of their operations to third parties in ways that would have been unthinkable even a few years ago.”
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