Prescient Asset Management Holdings Bpo

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The deal with Prescient, which was announced last November, involves the sale of AIB Asset Management Holdings (Ireland) Ltd, including AIB Investment Managers Ltd, to Prescient for an undisclosed sum. The business will be renamed as Prescient Investment.

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Davy agrees deal to buy out Prescient
Davy Stockbrokers has inked a deal to buy out €2bn Prescient Asset Management Holdings (Ireland) Limited. Prescient Ireland, which was formerly AIB Investment Managers, has around €2bn under management and 57 staff. AIB sold the unit to listed South.

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