May 16, 2016
On May 2, 2016, Hennessy Advisors, Inc. announced a definitive agreement to purchase the assets related to the management of The Westport Funds from Westport Advisers, LLC. The Westport Funds currently manage approximately $640 million of assets.
May 13, 2016
May 13, 2016
On April 18, 2016, Angel Oak Capital Advisors, LLC announced that it will acquire Rainier High Yield Fund from Rainier Investment Management, LLC as part of the Angel Oak Trust.
May 11, 2016
On May 5, 2016, Foresters Financial announced completion of its acquisition of Aegon Capital Management Inc. and Aegon Fund Management Inc. from Proj Fox Acquisitions Inc., which was first announced in March 2016.
May 2, 2016
On April 18, 2016, BlackRock announced that it and Bank of America’s asset management business, BofA Global Capital Management, finalized a transaction transferring investment management responsibilities of approximately $80 billion of AUM currently managed by BofA Global Capital Management to BlackRock.
April 7, 2016
On April 7, 2016, Liontrust Asset Management announced that it will acquire Argonaut Capital Partners LLP’s European income business.
March 21, 2016
March 4, 2016
On March 1, 2016, Foresters Life Insurance Company announced that it had entered into an agreement to acquire Aegon Capital Management and Aegon Fund Management.