The firm will acquire an 80% interest in PT Asuransi Multi Artha Guna Tbk, a general insurer with US$65 million in gross written premiums in 2015
Casey Quirk is world’s largest consultancy dedicated exclusively to asset managers
Toronto firm will be integrated into Markit’s portfolio valuations service
High profile acquisitions by Canadian companies of foreign targets have masked an underlying weakness in core domestic M&A activity
The firm’s American division is opening an office in New York and has hired a new executive
The addition of Maxium Financial and Desante Financial will broaden CWB’s business mix in specialized finance markets
Deal represents foray into asset management business for life insurer
The purchase of Assurant’s U.S. employee benefits business positions Sun Life as the sixth-largest group benefits business in the U.S.
The deal will add US$7.1 billion in AUM and double the size of Fiera’s institutional and subadvisory retail business in the U.S.
The Simmons brand will live on and operate as a new division within Piper Jaffray’s equities and investment-banking group