The scale of the corporate restructuring needs globally “could exceed the previous peak seen after the 2008 global financial crisis”, according to a recent note from BlackRock.
Deals & Transactions
BlueVoyant, a cybersecurity services company, has formed a strategic partnership with Argos Risk, a leading provider of financial risk intelligence.
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.
Data and Analytics company BMLL Data Feed will be available to US market participants via Crux Informatics (Crux), a data delivery and operations firm.
Apex Group, a global financial services provider, has acquired FundRock Management Company SA and FundRock Partners Ltd (FundRock).
Wave of consolidation in asset management expected to increase pressure on ‘squeezed’ mid-size firms
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.
StoneX Group, a provider of execution, post-trade settlement, clearing and custody services across asset classes and markets worldwide, has finalised its acquisition of the Frankfurt based Giroxx, and as of 1 October 2020 will operate under the name StoneX Financial.
Genesis Global Technology (Genesis) a global financial markets software firm, has secured a strategic investment from Citi via its Markets FinTech Investments and SPRINT groups to leverage Genesis’ Low-Code Application Platform (LCAP) to drive its key innovation priorities.
Amundi, the founding shareholder of Fund Channel, has acquired BNP Paribas Asset Management's 49.96 per cent stake to become, once again, the sole shareholder of the fund distribution platform by the beginning of 2021, subject to regulatory approval.