Thesis Asset Management has launched an ‘acquisition strategy’ with the purchase of Cambridge Fund Managers (CFM), a Bath-based discretionary investment manager with £30m in funds under management.

Thesis Asset Management is to add two of its model portfolios to the Seven Investment Management platform.

A £47 million bid has been lodged for DFM Thesis Asset Management.

The Chartered Institute for Securities & Investment’s Southern branch has a new President.