Squeezed by rising operations costs, heavier compliance burdens, shifting client expectations and tougher competition, independent asset-management firms increasingly are open to fielding attractive offers of sale or merger
Technology was a bright spot while historically dominant and traditional sectors, such as energy, mining and utilities, and industrials and chemicals dropped
The acquisition combines Sustainalytics’ ESG research and ratings with GES’ engagement and screening services
The two firms already were under the same house as U.S. private equity firm Genstar Capital owns both
Asset-management firm acquires 80% stake in U.K.-based Palmer Capital
Insurer will pay GreenOak shareholders $195 million in cash in exchange for a 56% stake in the new firm
Jesse McNeil, director of group benefits at Rise People, will join the company
CI sees great potential in giving advisors the ability to use WealthBar’s robo-advisor service
Veteran advisor Les Sherman makes the switch
The exchange operator plans to combine the Toronto-based firm with its existing analytics hub business