Money manager M&A
News and video about Money manager M&A from Pensions & Investments
Sun Life to acquire Ryan Labs Asset Management
trueSun Life Financial, parent company of Sun Life Investment Management, agreed to acquire Ryan Labs Asset Management.
Largest investment management transactions of 2014
trueSee information about the 10 largest money manager mergers along with aggregate data.
Money manager M&A transaction value skyrockets in 2014
trueMoney manager merger and acquisition transaction value in the U.S. tripled to $16.9 billion in 2014 from the previous year.
Freeman: Money manager M&A deal activity down in 2014, but more AUM in play
trueThe number of announced money manager acquisitions globally was down 18% in 2014 from the previous year, with 99 deals taking place, said a report from investment banking firm Freeman & Co.
DST Systems acquires money management consultant kasina
trueNew York-based money management consulting firm kasina LLC has been acquired by software development company DST Systems.
Q4 2014 money manager mergers and acquisitions report
trueMoney manager merger and acquisition activity in the fourth quarter increased sharply from the previous quarter, with total assets in transactions standing at $409.5 billion — up more than 150% from the third quarter. Transactions were up around 34% from the fourth quarter of 2013.
Nasdaq acquires manager, index provider Dorsey Wright & Associates
trueNasdaq OMX Group will acquire money manager and index provider Dorsey Wright & Associates for $225 million in debt and cash.
New York Life Retirement Plan Services being acquired by John Hancock
trueNew York Life Investment Management will sell its New York Life Retirement Plan Services business, excluding the stable value business, to John Hancock Financial.
Victory Capital eager to add more to stable
trueAfter buying two money management firms in the past eight months executives at Cleveland-based Victory are looking to acquire additional boutiques.
Aegon Asset Management, La Banque Postale to form partnership
trueAegon Asset Management and La Banque Postale Asset Management entered into discussions to form a strategic money management partnership that will see Aegon take a 25% minority stake in LBPAM.
J.P. Morgan Asset Management acquires Aviva's Asia-Pacific real estate business
trueJ.P. Morgan Asset Management acquired Aviva Investors' Asia-Pacific real estate business and is taking on the entire 16-person team from Aviva and $1.2 billion of diversified assets in Australia, New Zealand, Japan and Singapore.
New York Life Investment Management acquires alternative ETF provider IndexIQ
trueNew York Life Investment Management agreed to purchase IndexIQ, a developer of liquid alternative exchange-traded funds, an IndexIQ spokesman said.
Blackstone acquires residential real estate business from GE Japan Corp.
trueBlackstone Group is acquiring GE Japan Corp’s residential real estate business for more than ¥190 billion ($1.6 billion), said Peter Rose, Blackstone spokesman, in an e-mail.
Securian acquires majority interest in Asset Allocation & Management Co.
trueSecurian Financial Group agreed to purchase a majority interest in Asset Allocation & Management Co. from a private equity fund managed by Stone Point Capital and related investors.
Rockefeller Group taking majority stake in TA Realty
trueReal estate firm The Rockefeller Group is acquiring a majority interest in real estate money manager TA Realty.