Reinforcing its Private Assets business Schroders completes full acquisition of Secquaero
Schroders acquired 30% of Secquaero in 2013 and entered into a partnership to serve institutional clients’ growing interest for Insurance Linked Securities (ILS). From...
Charles Schwab to buy USAAs investment management assets for £145bn
The acquisition will scale up Charles Schwab’s portfolio with the addition of $90bn (£72.4bn) in assets and more than one million accounts US-based financial services...
BNY Mellon to provide European ETF servicing for Goldman Sachs
GSAM has recently launched its first ETF fund, Goldman Sachs ActiveBeta US Large Cap Equity UCITS ETF, into the European market. US-based international banking and...
First Defiance to acquire United Community Financial for £383m
The combination of First Defiance and United Community is expected to have nearly $6.1bn (£4.95bn) in assets, $5bn (£4.05bn) in loans and $4.9bn (£3.97bn)...
BNP Paribas Asset Management strengthens thematic equity investment capability with new appointments
BNP Paribas Asset Management announces the appointment of Ulrik Fugmann and Edward Lees as Senior Portfolio Managers, based in London. They joined on 17...
JP Morgan partners with StatPro to develop multi-asset portfolio analytics solution
The Corporate and Investment Bank of JP Morgan has entered into a partnership with StatPro Group to develop multi-asset risk and performance attribution capabilities...
Brown & Brown Inc. Announces the Asset Acquisition of United Development Systems
J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc and Randy Crisorio, the owner of United Development Systems, Inc. announced that Brown...
Invesco acquires asset manager Oppenheimer Funds from MassMutual
Invesco, a US investment management company, has completed acquisition of global asset manager OppenheimerFunds from Massachusetts Mutual Life Insurance (MassMutual). The acquisition of OppenheimerFunds has...
Nutmeg to expand into Asia in partnership with Taiwan bank
Nutmeg, the UK’s largest digital wealth manager, is expanding into Asia, announcing the launch of its first strategic partnership, in a deal with Taipei...
Santander to adopt BlackRock Aladdin platform
Santander Asset Management (SAM) has reached an agreement with BlackRock to adopt the Aladdin platform to accelerate the asset manager’s technological transformation. Digital transformation has...