The British business bank BROWN, SHIPLEY & CO, subsidiary of the KB LUX - KREDIETBANK LUXEMBOURG acquired the fortune manager CAWOOD, SMITHIE & CO. The latter manages total assets of GBP 600 million, increasing the total fund of which BROWN SHIPLEY ensures the management to more than GBP 3 billion. Furthermore, the KREDIETBANK (Switzerland), another subsidiary of the KB LUX announced having become the majority shareholder in the fortune manager JACXSENS & PARTNERS.