Asset Management

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 for asset managers. JP Morgan stated that the solution will be available through its flagship data...

J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc and Randy Crisorio, the owner of United Development Systems, Inc. announced that Brown & Brown of Kentucky, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially...

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 expanded the total assets under management (AUM) of Invesco to $1.2trillion (£0.94trillion). OppenheimerFunds was acquired by...

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 Fubon Bank. Since launch in 2012, Nutmeg has amassed more than 70,000 UK customers and its...

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 been a cornerstone of the strategy throughout the Santander Group since 2015. Since then, the...

Invesco is launching an ETF in partnership with Elwood Asset Management offering exposure to digital assets and blockchain technology at an ongoing charge of 0.65%. The Invesco Elwood Global Blockchain UCITS ETF will trade on the London Stock Exchange and...

Aberdeen Standard Investments has bolstered its Asian real estate capabilities with the acquisition of $900m Asia real estate investment management firm Orion Partners. The transaction adds to Aberdeen Standard's already strong £44bn global real estate franchise with the management of...