Of Special Interest
20th March 2012
New Rothschild reunification moves
New moves to bring UK Rothschild family operation together with the Franco-Swiss operation.
The two have formed a new joint venture said to be focusing on third party fund management and 'future investments'. Edmund de Rothschild Group, (the Franco Swiss arm) is also to take a symbolic 1% shareholding in Rothschild Investment Trust (RIT), the main UK arm. In addition the Baroness Ariane de Rothschild will become honorary vice-chairman of RIT and Lord Jacob Rothschild will take a similar position within the private banking arm of Edmund de Rothschild.
The UK operation whilst much smaller, continues to hold important connections including in the expanding Chinese market.