January 13, 2012

BlackRock to Acquire Canadian ETF Manager Claymore

On January 12, 2012, ETFdailynews.com reported that BlackRock, Inc. (NYSE: BLK) had entered an agreement with Guggenheim Partners, LLC to acquire its Canada-based exchange traded fund specialist Claymore Investments, Inc. in an all-cash deal.

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January 11, 2012

KPMG Investment Management M&A Monthly

KPMG published the December 2011 edition of its Investment Management M&A Monthly report on activity and news relating to investment manager M&A. To read this publication, please click here.

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January 11, 2012

CVC Capital and Resource America Form Global Credit Manager

On January 4, 2012, Resource America, Inc. (NASDAQ: REXI) announced that it had entered an agreement to sell Apidos Capital Management, LLC to CVC Capital Partners SICAV-FIS, S.A. for $25 million and a minority stake in a newly created global credit manager.

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January 9, 2012

Freeman & Co. Financial Services M&A Activity FY 2011 Report

On January 3, 2012, Freeman & Co. published its Financial Services M&A Activity FY 2011 report analyzing M&A activity within the financial institutions group sector (which includes asset management), reporting a 7% decrease in the number of global asset management transactions over the prior year.  Freeman & Co. also reports…

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January 6, 2012

European Islamic Investment Bank Makes Strategic Investment in Rasmala

On January 6, 2012, European Islamic Investment Bank announced that it had agreed to make a $16 million investment in middle eastern investment manager Rasmala Holdings over a 12 month period. 

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January 6, 2012

Japan’s SMFG to Acquire Minority Stake in China Fund House

On January 6, 2012, Thomson Reuters reported that Sumitomo Mitsui Financial Group plans to acquire a minority stake in Chinese mutual fund manager China Post & Capital Fund Management.  

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January 5, 2012

Lincluden Management Acquires Business from Old Mutual

On January 3, 2012 Lincluden Investment Management Limited announced that it had completed the purchase of the business and assets of Lincluden Management Limited, a subsidiary of Old Mutual (US) Holdings Inc.

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January 5, 2012

SEB Wealth to Acquire EFG International Denmark Unit

On January 3, 2012, BankingBusinessReview.com reported that Swiss private banking group EFG International had agreed to sell EFG Bank Denmark to SEB Wealth Management for an undisclosed amount.

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January 5, 2012

Mitchell, Hartley & Bechtel Client Letter

Mitchell, Hartley & Bechtel Advisors on January 3, 2012 issued a client letter which includes an analysis of 2011 M&A activity and trends in the asset management sector.  To read this letter, click here (PDF reader required).

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