Deutsche Börse AG is to acquire a majority (80 per cent) holding in Institutional Shareholder Services (ISS) in a deal that values the whole business at USD2,275 million (EUR1,925 million).

Smarsh, a provider of electronic communications archiving solutions for regulated organisations, has acquired Digital Reasoning, a specialist in natural language processing (NLP), artificial intelligence (AI), and machine learning (ML). 

20-20 Trustees, one of the UK’s leading independent trustee firms, is continuing to deliver on its ambitious growth strategy with the acquisition of Steve Southern Trustees Limited (SSTL) and the further recruitment of several leading industry figures.

Aberdeen Standard Investments (ASI) Economic Infrastructure team and the City of Outokumpu have announced that ASI will acquire a 66 per cent interest in Outokummun Energia Oy (Outokummun Energia), a regional energy business based in the town of Outokumpu in North Karelia in Finland. 

A&A Investment Adviser's Luxembourg’s entity has agreed to terms with an Asset Management Firm to acquire an Irish ICAV, which it says will be one of the most innovative launch platforms for quantitative sub-funds in UCIT's format in the European market.

Octopus Ventures, part of Octopus Group and one of the largest and most active VCs in Europe, has exited its investment in Calastone, the global funds network, after a majority stake in the funds network was acquired by The Carlyle Group. 

Assets under management at the largest global asset managers have piled up to a record USD104.4 trillion, rising almost 15 per cent from the previous year, according to new research from the Thinking Ahead Institute. 

Apex Group, a global financial services provider, has acquired FundRock Management Company SA and FundRock Partners Ltd (FundRock).

A new wave of consolidation has started sweeping the asset management industry, and is expected to accelerate as sharper fee compression and rising costs turn up the pressure on investment firms. 

NextPower III, NextEnergy Capital’s third institutional solar fund, has made its first acquisition in Portugal.