January 12, 2011

BMO Financial Acquires Lloyd George Management

BMO Financial Group (TSX, NYSE: BMO) announced on January 11, 2011 that it had entered into an agreement to acquire Hong Kong-based wealth management firm Lloyd George Management.

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January 10, 2011

More asset manager mergers seen in 2011

On January 10, 2011, Investment News published an article entitled “More asset manager mergers seen in 2011; Improved economic outlook to whet appetites of big fish” To read this article, please click here.

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January 10, 2011

AIG to Dispose Blackstone Stake to Repay Bailout

On January 3, 2011, zacks.com reported that American International Group Inc. (NYSE: AIG) is planning to sell the remainder of its $510 million stake in The Blackstone Group (NYSE: BX), according to an SEC filing.

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January 6, 2011

Freeman & Co. Financial Services M&A Activity FY 2010 Report

On January 3, 2011, Freeman & Co. published its Financial Services M&A Activity FY 2010 report analyzing M&A activity within the financial institutions group sector (which includes asset management), reporting a 27% increase in the number of asset management transactions over the prior year as well as an 89% increase…

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January 6, 2011

Nuveen Completes Strategic Combination with FAF Advisors

On January 3, 2011, Nuveen Investments announced the completion of the strategic combination of FAF Advisors and Nuveen Asset Management on December 31, 2010.

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January 6, 2011

Deerfield Capital/CIFC Deal Made Public

Deerfield Capital Corp. (NASDAQ: DFR) on December 21, 2010 filed with the SEC the definitive Agreement and Plan of Merger relating to its merger with Commercial Industrial Finance Corp., a subsidiary of CIFC Parent Holdings LLC.

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