NatWest's (NWG LN) Coutts is reportedly considering providing some clients with access to funds managed by Ares and Apollo, Bloomberg reports citing sources
Newsquawk Staff ·
NatWest's (NWG LN) Coutts is reportedly considering providing some clients with access to funds managed by Ares and Apollo, Bloomberg reports citing sources.
What it means
NatWest's Coutts exploring partnerships with Ares and Apollo signals a strategic shift that could enhance their investment offerings. This could be seen as a move to deepen relationships with high-net-worth clients and diversify their asset management strategies, potentially positioning NatWest to compete more aggressively in the wealth management space.
Sources
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