June 30, 2014

Henderson Acquires Geneva Capital Management

On June 30, 2014, Henderson Global Investors announced an agreement to purchase U.S.-based Geneva Capital Management, nearly quadrupling its U.S. institutional assets under management.

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June 30, 2014

Mercer to Acquire 34% Stake in Alexander Forbes

On June 23, 2014, Mercer announced that it had agreed to acquire a 34 percent stake in Alexander Forbes Group Holdings Limited, positioning itself as a significant shareholder in the upcoming listing of Alexander Forbes on the Johannesburg Stock Exchange.

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June 27, 2014

London Stock Exchange to Buy Frank Russell for $2.7 Billion

On June 26, 2014, The London Stock Exchange Group Plc announced its proposed acquisition of Frank Russell Company, a U.S.-based stock-index and asset-management business, for $2.7 billion in cash.

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June 23, 2014

Azimut to Enter Mexican Asset Management Venture

On June 17, 2014, Azimut Holding S.p.A. (AZM.MI) announced that its asset management subsidiary had acquired an 82.14% interest in Profie S.A., a Mexican holding company controlling the entire equity capital of Mexican asset management distribution company Más Fondos S.A.

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June 23, 2014

Citadel Increases Stake in Wealth Corporation

On June 19, 2014, moneyweb.co.za reported that Citadel had acquired the remaining shares it did not own in retirement specialist The Wealth Corporation, augmenting its ownership to 100%.

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June 23, 2014

Man Group to Acquire Numeric

On June 19, 2014, Man Group plc (LSE: EMG) announced a conditional agreement to acquire quant manager Numeric Holdings for up to $494 million.

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June 16, 2014

AIG Seeds Varagon Capital Partners, Targets Middle Market

On June 11, 2014, Varagon Capital Partners, a New York-based, middle market-focused asset manager, seeded by an initial $1.5 billion investment commitment from American International Group, Inc. (NYSE:AIG) and backed by Oak Hill Capital Management, announced its launch.

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June 16, 2014

Man Group Agrees to Acquire Pine Grove Asset Management

On June 9, 2014, Man Group plc (LSE: EMG) announced an agreement to acquire Pine Grove Asset Management LLC, a US-based fund of hedge fund manager, diversifying its product offering.

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June 16, 2014

Bridges Financial Buys CUA Financial Planning

On June 11, 2014, InvestorDaily.com reported that Credit Union Australia Ltd. has sold its financial planning business to Bridges Financial Services, a unit of IOOF Holdings Ltd.

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June 9, 2014

GAM to Acquire Singleterry Mansley

On June 5, 2014, GAM Holding AG, a Swiss asset management firm, announced its acquisition of U.S.-based mortgage and asset-backed securities firm Singleterry Mansley Asset Management.

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