Industry

Morningstar Inc. has completed its $42 million acquisition of Realpoint LLC, a Nationally Recognized Statistical Ratings Organization (NRSRO) that specializes in structured finance.

More than 25 investment managers have already signed on to the platform.

Ameriprise Financial has put the finishing touches on its nearly $1 billion purchase of Bank of America’s long-term asset management business Columbia Management. The original agreement dates back to last September.

Putnam Investments has appointed Kelly Marshall as head of investment product management.

Fidelity Taps Henderson as Clearing Canada Chief Exec

Toscano, who left HSBC last year, resurfaces at Morgan Stanley

The pace of mergers and acquisitions in the asset management industry is expected to pick up for the rest of this year both nationally and globally after tumbling in the first quarter.

A new CEO at Hatteras Funds, Fidelity hires in Canada, and more executive changes for the last week of April.

French bank wants to become a tier-one prime broker

Fidelity Investments has hired William J. Henderson as chief executive officer of Fidelity Clearing Canada., reporting to National Financial President Sanjiv Mirchandani.