Capital International Group Acquires Affinity’s Investment Business

Capital International Group Limited is pleased to announce the acquisition of APW Investors Limited (APWIL), a leading independent asset management firm based in Jersey and part of Affinity Private Wealth. This strategic move builds on the Group’s 2024 entry into the Jersey market and strengthens its presence beyond its established operations in the Isle of Man and South Africa. The transaction is subject to regulatory approval in Jersey.

The acquisition enhances Capital International Group’s service offering, expands its client base, and reinforces its commitment to responsible and sustainable investing.  Affinity’s investment business holds a strong track record, award-winning expertise, and a loyal client base.

Strategic Benefits:

• Deeper Jersey Footprint: With an existing base in St Helier, this acquisition significantly scales the Group’s presence, team, and capabilities in Jersey.

• Investment Solutions: APWIL offer a range of services from Jersey, including Discretionary Investment Management, Investment Oversight and Advisory, Model Portfolio Services, and Execution Only.

• Sustainable Investment Leadership: Both Capital International Limited and APWIL are UN PRI signatories. APWIL’s award-winning sustainable investment credentials also align with Capital International’s Conscious Capital ethos.

• Access to UCITS Fund: The Affinity Better World Growth Fund, advised and distributed by APWIL, will now be more accessible to Capital International’s intermediaries, advisers and clients.

“We are thrilled to welcome APWIL into the Capital International family,” said Head of Asset Management, Antony Kelsey. “This acquisition represents another significant milestone in our growth journey and greatly consolidates our initial Jersey presence. We are looking forward to working with Ben, Russell, Jon and the wider APWIL team to drive strong growth and performance from Jersey”

Ben Stott, Managing Director of APWIL, added: “I am extremely proud to lead our team of talented and dedicated professionals into its new home with Capital International. From our initial interactions with their leadership team, it was obvious that we share a belief in exceptional client delivery, alongside innovative investment solutions. It is exciting to expand our offering for our existing and future clients, who will also benefit from access to Capital International’s market leading technology.”

Anthony Long, Chairman of Capital International Group, commented: “Affinity’s investment business has long been on our radar, not just for its investment excellence, but for its leadership in sustainability and community engagement. This acquisition is a great fit for our long-term vision.”

David Stearn, Chief Executive Officer of Affinity Private Wealth, said: “Parting with our Investment team is emotional for us, when we formed Affinity in 2011 we did so as two businesses with one common aim and focus. This is however an incredibly exciting opportunity for the investment team to continue to build and enhance their existing offering with scale. We are delighted to see the investment business pass to great new owners who have a very similar culture and value set, and we have no doubt the team will flourish at Capital International. As for Affinity, we will continue to focus on growing and expanding our private client structuring services and look forward to the journey ahead.”

Disclaimer: The views, thoughts  and opinions expressed within this article are those of the author, and not  those of Capital International Group Limited (Group) and/or any of its  subsidiary companies and as such are neither given nor endorsed by the Group or any company within the Group. Information in this article does not constitute investment advice or an  offer or an invitation by or on behalf of any company within the Group to buy  or sell any product or security or to make a bank deposit. Any reference to past performance is not necessarily a guide to the future. The value of investments may go down as well as up and may be adversely  affected by currency fluctuations.The Group, its subsidiary companies, clients, and officers may have a  position in, or engage in transactions in any of the investments mentioned.  Opinions constitute views as at the date of issue thereof and are subject to change.

Regulated investment and banking activities are undertaken by Capital International Group Limited's licensed subsidiary companies. Capital International Limited, Capital Financial Markets Limited, and Capital International Bank Limited, are licensed by the Isle of Man Financial Services Authority. Capital International Limited is a member of the London Stock Exchange. Capital International, Capital International Asset Management, and Capital International Investment Platform are trading names of Capital International Limited. Capital International is a trading name of Capital Financial Markets Limited. Capital International Bank Limited is a wholly owned subsidiary of Capital International Group Limited (www.capital-iom.com), a privately owned financial services group based in the Isle of Man and operates as a non-retail, restricted deposit taker under a Class 1 (2) licence. Deposits are not covered by the Isle of Man Depositors’ Compensation Scheme and terms and conditions apply. Capital International Bank and Capital International are trading names of Capital International Bank Limited. Capital International Bank Limited is also licensed by the South African Reserve Bank Prudential Authority to conduct the business of a Representative Office in South Africa. CILSA Investments (Pty) Ltd (FSP No. 44894) trading as Capital International SA, is authorised by the Financial Sector Conduct Authority in South Africa. Capital International (Jersey) Limited is regulated by the Jersey Financial Services Commission. Capital International and Capital International Asset Management are trading names of Capital International (Jersey) Limited. Capital International (Jersey) Limited (FSP No. 51164) is authorised by the Financial Sector Conduct Authority in South Africa.