Industry News
Industry News
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Financial services mergers & acquisitions will face both uncertainty and opportunities in 2013 due to increased regulatory costs, depressed organic growth, and the greater availability of attractive financing, according to a new report issued by PwC US.
February 26 -
Chatham, NY-based Aviemore Asset Management is prepping a merger of its ETF Market Opportunity Fund, a fund of funds, into a new separate series of the Stadion Investment Trust.
February 25 -
Guggenheim Investments is liquidating nine exchange-traded funds to make room for other "products that have demonstrated the most marketplace demand."
February 22 -
Its business as usual for Chicago-based Harbor Capital Advisors, a manager of managers shop.
February 22 -
Crestview Partners has announced that it will acquire Victory Capital Management from KeyCorp for $246 million.
February 21 -
One month into their new relationship, Legg Mason Capital Management and ClearBridge Investments are merging two of its funds into one.
February 20 -
After less than a year of striking out on its own, Pyxis Capital is right back to where it started.
February 15 -
Love seems to be in the air on this Valentines Day; love in the form of the attractive acquisition by Aberdeen Asset Management that is.
February 14 -
After less than a year of striking out on its own, Pyxis Capital is right back to where it started.
February 11 -
Fidelity Financial Advisor Solutions, the Defined Contribution Investment Only unit of Fidelity Investments, is looking to grow its team of wholesalers.
February 9 -
The Carlyle Group today officially closed the book on its acquisition of The TCW Group, which retained some 40% of the firm on a fully diluted basis.
February 6 -
Legg Mason, the money manager best known as home to stockpicker Bill Miller, is folding Millers Legg Mason Capital Management division into its ClearBridge Investments equity unit as assets have tumbled.
January 17 -
EIG Global Energy Partners has reached a deal with the TCW Group whereby EIG will publicly support the buyout of TCW by the Carlye Group.
January 16 -
Russell Indexes today announced a global alliance with NYSE Euronext to include the transition of RussellTick, an index feed for real-time, intra-day values for the Russell family of indexes to NYSE Technologies Global Index Feed protocol.
January 15 -
Goldman Sachs says it will begin publishing values of the assets held in its money market mutual funds in the United States on a daily basis.
January 11 -
Virtus Investment Partners is buying a 24% stake in Kleinwort Benson Investors International, Ltd., a wholly-owned subsidiary of Kleinwort Benson Investors, which provides specialized equity strategies primarily to institutional investors.
January 10 -
Palmer Square Capital Management is bringing another asset management shop into its fold.
January 9 -
There's nothing quite like the feeling of coming out from under a guardian's wing.
January 4 -
There's nothing quite like the feeling of coming out from under a guardian's wing.
January 2 -
Parametric Portfolio Associates, a subsidiary of Eaton Vance Corp. (EV), and The Clifton Group Investment Management Company announced today the completion of the previously announced purchase of Clifton by Parametric.
December 31