February 28, 2014

Aberdeen to Acquire Stake in NISP Asset Management

On February 26, 2014, pionline.com reported that Aberdeen Asset Management will acquire an 80% interest in Jakarta, Indonesia-based NISP Asset Management.

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February 28, 2014

Telemus Acquires Concentric Capital

On February 26, 2014, independent advisory firm Telemus Capital announced the acquisition of Los Angeles-based Concentric Capital LLC.

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February 28, 2014

Cantor Fitzgerald to Acquire First Commonwealth Financial Advisors

On February 27, 2014, Cantor Fitzgerald Wealth Partners, LLC announced an agreement to acquire the advisory business of Pittsburgh-based First Commonwealth Financial Advisors, Inc.

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February 24, 2014

Kleinwort Benson Receives Regulatory Approval to Acquire BHF-BANK

On February 21, 2014, Kleinwort Benson Group Limited, the wholly-owned subsidiary of financial services group RHJ International, announced that it had received approval from the German financial regulator, BaFin, to acquire BHF-BANK, a German private bank.

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February 24, 2014

Legal & General Acquires Global Index Advisors

On February 21, 2014, Legal & General Group Plc, a UK financial services company, announced that it had agreed to acquire the business of Global Index Advisors, Inc., an Atlanta-based investment advisor.

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February 24, 2014

Sprott Signs Sub-Advisory Agreement with Capital Innovations

On February 18, 2014, Sprott Asset Management announced that it had entered into an exclusive sub-advisory agreement with Capital Innovations to manage three Sprott funds, specifically Exemplar Global Infrastructure Fund, Exemplar Timber Fund and Exemplar Agriculture Fund.

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February 24, 2014

Blackstone Acquires Minority Stake in Senator Investment Group

On February 19, 2014, Businessweek reported that Blackstone had acquired a minority stake in Senator Investment Group.  Senator received seed capital from Blackstone when the hedge fund manager opened in 2008, in exchange for a revenue share which Senator elected on February 14 to buy back from Blackstone. On February 19,…

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February 17, 2014

Berkshire Capital Reports on Investment Management Industry Activity

Berkshire Capital Securities LLC issued the 2014 edition of its report on investment management industry activity and trends.

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February 14, 2014

Murray & Co. Acquires Rose Capital Management

On February 12, 2014, New Zealand-based Murray and Company announced that it had acquired private wealth management firm Rose Capital Management Ltd.

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February 14, 2014

WisdomTree to Acquire European ETP Provider

On January 31, 2014, WisdomTree Investments, Inc. (NASDAQ: WETF) announced that it will acquire a majority stake in U.K.-based ETF provider Boost.

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