September 29, 2014

Rathbone Acquires Jupiter Asset Management

On September 26, 2014, stockmarketwire.com reported that Rathbone Investment Management had completed the acquisition of Jupiter Asset Management’s private client and charity investment management business for £40 million in cash.

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September 29, 2014

Japan Post Purchases Stake in Credit Saison Asset Management

On September 26, 2014, businessweek.com reported that Japan Post Co. had agreed to acquire a 40% stake in Credit Saison Co.’s asset management unit for approximately 800 million yen.

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September 29, 2014

Thomas Miller Investment to Acquire Broadstone’s Wealth Management Business

On September 25, 2014, Thomas Miller Investment announced that it had reached an agreement to acquire the wealth management business of Broadstone for an undisclosed amount.

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September 29, 2014

Aberdeen to Finalize Acquisition of Indonesian Asset Manager

On September 23, 2014, Aberdeen Asset Management announced that it had received approval from the Indonesian securities regulator, Otoritas Jasa Keuangan, to acquire 80% of the share capital of PT NISP Asset Management from NISP Sekuritas.

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September 22, 2014

Kotak Mahindra To Buy PineBridge’s Mutual Fund Assets

On September 19, 2014, vccircle.com reported that Kotak Mahindra Asset Management Company Ltd, a wholly owned subsidiary of Kotak Mahindra Bank, had entered into a definitive agreement to purchase the domestic schemes of PineBridge Mutual Fund, a fund managed by PineBridge Investments Asset Management Company (India) Pvt Ltd, for an undisclosed amount.

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September 22, 2014

XL Group Invests in Ada Investment Management

On September 12, 2014, Ada Investment Management LP announced that an affiliate of XL Group plc (NYSE: XL) had acquired a minority stake.

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September 22, 2014

Simmons First Trust to Acquire Talbot Capital Management

On September 12, 2014, Arkansas Business reported that Simmons First Trust had entered into an agreement to acquire the assets of Talbot Capital Management for an undisclosed price.

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September 22, 2014

Miton Group Completes Acquisition of Darwin Investment Managers

On September 15, 2014, Miton Group announced that it had completed its acquisition of Darwin Investment Managers for an initial consideration of £1.35M.

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September 15, 2014

Gentry Financial Group partners with GSV Asset Management

On September 11, 2014, GSV Financial Group announced that GSV Asset Management and Gentry Financial Group have partnered to rebrand Gentry as GSV Financial Group, which will operate four businesses previously managed under the Gentry brand.

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September 15, 2014

Prudential to Sell 50% Interest in Pramerica to Dewan

On September 1, 2014, the Economic Times reported that Prudential Financial had agreed to sell a 50% ownership stake in Pramerica Mutual Fund to Dewan Housing Finance.

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