July 8, 2011

Principal to Acquire Majority Stake in Origin Asset Management

On July 7, 2011, global asset manager and member of the Principal Financial Group (NYSE:PFG), Principal Global Investors, announced a definitive agreement to purchase 74% of London-based Origin Asset Management for approximately $66 million.

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July 8, 2011

UBS Acquires ING’s Australian Investment Management Arm

On June 30, 2011, theaustralian.com reported that UBS asset management had announced the acquisition of ING Investment Management Australia, boosting UBS’s Australian presence.

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July 1, 2011

MetWest Ventures Acquires Majority Stake in Reed Conner & Birdwell

On July 1, 2011, Los Angeles, California-based asset manager MetWest Ventures LLC announced that it had acquired a majority interest in value equity investment advisor Reed Conner & Birdwell.

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