December 8, 2014

NZX to Buy SuperLife for up to $35 Million

On December 8, 2014, the New Zealand Herald reported that NZX Ltd., the stock market operator, will spend up to $35 million buying the New Zealand-based fund manager and KiwiSaver provider SuperLife Ltd.

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December 5, 2014

New York Life to Acquire IndexIQ

On December 4, 2014, Reuters reported that New York Life Investment Management had agreed to acquire Rye Brook, New York-based ETF and liquid alternatives asset manager IndexIQ.

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December 3, 2014

Hudson Valley Bank To Sell A.R. Schmeidler to Pine Street

On November 19, 2014, Hudson Valley Bank announced the sale of A.R. Schmeidler & Co., Inc., Hudson Valley Bank’s wholly-owned registered investment advisor and broker dealer firm, to Pine Street Asset Management.

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December 1, 2014

PICC Group to Acquire Additional Equity in PICC Asset Management

On November 27, 2014, the People’s Insurance Company (Group) of China announced that it had entered into an equity transfer agreement to acquire 19% of PICC Asset Management Company from MEAG Munich ERGO Asset Management for approximately $37 million, which will result in 100% ownership.

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December 1, 2014

Blackstone and NWI Management Launch New Asset Manager

On November 12, 2014, Blackstone announced that Blackstone Alternative Asset Management and NWI Management had launched Blackstone NWI Asset Management, a new asset manager jointly owned by the two firms.

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December 1, 2014

Victory Capital to Acquire Compass EMP

On December 1, 2014, Victory Capital announced that it had reached an agreement to acquire Compass Efficient Model Portfolios, the Tennessee-based developer of a smart beta investment approach.

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