May 16, 2016

Hennessy Advisors to Purchase Assets of Westport Funds

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.

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May 13, 2016

Handelsbanken acquires wealth manager Optimix

On April 20, 2016, Handelsbanken announced that it had acquired the Dutch wealth management company Optimix Vermogensbeheer N.V.

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May 13, 2016

Angel Oak Capital to Acquire Rainier High Yield Fund

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.

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May 11, 2016

Foresters Financial Completes Acquisition of Aegon Capital

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.

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May 2, 2016

BofA Global Capital Transfers $80 Billion AUM to BlackRock

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.

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April 7, 2016

Liontrust Will Acquire Argonaut’s European Income Business

On April 7, 2016, Liontrust Asset Management announced that it will acquire Argonaut Capital Partners LLP’s European income business.

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March 21, 2016

Bellevue Group to acquire StarCapital AG

On February 23, 2016, Bellevue Group announced it will acquire StarCapital AG, a German-based asset manager with CHF 2.5 billion in assets under management.

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March 4, 2016

Foresters to Acquire Aegon Capital and Aegon Fund Management

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.

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February 25, 2016

Canoe Financial Acquires O’Leary Funds

On February 17, 2016, Canoe Financial announced the acquisition of the assets and contracts of the O’Leary Funds, which as a result are re-branded as Canoe funds.

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February 4, 2016

Financial Engines Acquires The Mutual Fund Store

On February 1, 2016, Financial Engines, Inc. announced that it had acquired The Mutual Fund Store from Warburg Pincus LLC.

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