Money manager M&A
News and video about Money manager M&A from Pensions & Investments
PwC: M&A activity significantly increases in first 6 months
trueThere were nearly 100 majority ownership M&A deals among money managers and wealth managers in the first half of 2014, compared to 37 such deals during the first six months of 2013, based on findings by PricewaterhouseCoopers.
Money manager M&A deals down, but value up in first half — report
trueMoney manager mergers and acquisitions totaled 66 in the first six months of 2014, down 12% from the first half of 2013, said a quarterly Sandler O'Neill + Partners report issued Tuesday.
Cornerstone acquires German real estate manager
trueCornerstone Real Estate Advisers is purchasing German real estate money manager PAMERA Asset Management
Q2 2014 money manager mergers and acquisitions report
trueDriven by two megadeals, money manager mergers and acquisition activity in the second quarter more than doubled from the previous quarter, with total assets in transactions standing at $646.3 billion — up almost 24% from the second quarter of 2013.
Money managers ripe for M&A, Moody's report states
trueImproved valuations, increased risk appetites and renewed strategic ambitions have driven global merger and acquisition activity in the past several months, said a new report from Moody's Investors Service.
Poll results: What will LSE do with Russell's investment management and consulting businesses?
trueAlmost 35% of P&I Online readers believe London Stock Exchange Group PLC will keep Russell Investments' asset management and consulting businesses, according to a poll the week of June 30.
New Russell owners likely to keep only indexing unit
trueRussell Investments' asset management and consulting businesses will most likely be sold by the London Stock Exchange Group PLC, which is purchasing the entire firm for $2.7 billion, sources say.
Freeman: Money manager M&A deals trail first half of 2013
trueMoney manager mergers and acquisitions worldwide decreased 36% to 48 in the first six months of 2014, compared to the same period a year ago, said a Freeman & Co. report issued Tuesday.
Henderson Global expands U.S. footprint with Geneva Capital acquisition
trueHenderson Global Investors agreed to acquire Geneva Capital Management.
FTSE-Russell index combination will rank third in ETF assets
trueThe combination of London Stock Exchange Group (FTSE) and Russell Investments index businesses will rank the firm third among index providers in terms of exchange-traded fund assets under management across all asset classes.
Man Group acquires majority stake in Numeric Holdings
trueMan Group reached a conditional agreement to acquire a majority stake in Boston-based quantitative equity manager Numeric Holdings in a deal that reinforces the hedge fund manager's existing quant business and presence in the U.S.
Lovell Minnick Partners acquires minority stake in 361 Capital
trueLovell Minnick Partners, a private equity firm, is taking a minority stake in hedge fund manager 361 Capital.
Oaktree acquires infrastructure firm Highstar
trueOaktree Capital Management is acquiring infrastructure management firm Highstar Capital.
Man Group acquires hedge funds-of-funds manager Pine Grove Asset Management
trueMan Group agreed to acquire Pine Grove Asset Management, in a move that will boost its hedge funds-of-funds business and its presence in the U.S.
GAM acquires assets of Singleterry Mansley Asset Management
trueGAM Holding AG is set to make its first acquisition in the U.S. after agreeing to buy the assets and client relationships of mortgage- and asset-backed securities firm Singleterry Mansley Asset Management.