July 5, 2012

Eaton Vance Corp. to Acquire a Stake in Hexavest

On June 18, 2012, Eaton Vance Corp. (NYSE:EV) announced that it will acquire a 49% interest in Hexavest Inc. in an all cash deal.

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April 30, 2012

Schroders Acquires 25% Stake in Indian Asset Manager

On April 30, 2012, BankingBusinessReview.com reported that Schroder Singapore Holdings had agreed to acquire a minority interest in Axis Asset Management Company.

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April 19, 2012

Affiliated Managers Acquires Majority Interest in Yacktman

On April 18, 2012, Yacktman Asset Management Co. announced that Affiliated Managers Group (NYSE: AMG) had agreed to purchase a majority ownership interest in Yacktman, which will continue to operate autonomously.

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January 20, 2012

Nippon Life to Acquire 26% Stake in Reliance Capital

On January 19, 2012, India-based Reliance Capital Asset Management announced that Japan-based Nippon Life Insurance Company had signed a Memorandum of Understanding to acquire a 26% stake in Reliance Capital in exchange for an investment of RD 1,450 crore ($290 million).

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January 6, 2012

Japan’s SMFG to Acquire Minority Stake in China Fund House

On January 6, 2012, Thomson Reuters reported that Sumitomo Mitsui Financial Group plans to acquire a minority stake in Chinese mutual fund manager China Post & Capital Fund Management.  

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December 16, 2011

Cantor Fitzgerald to Manage Cadogan Management Hedge Funds

On December 12, 2011, Cantor Fitzgerald, L.P. and Cadogan Management, L.P. announced that Cantor Fitzgerald Investment Advisors will be engaged as the new fund manager of certain Cadogan-managed investment vehicles.

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December 14, 2011

Bank of India to Buy Majority Stake in AXA JV

On December 5, 2011, The Economic Times reported that Bank of India had announced that it will acquire a 51% stake in the mutual fund joint venture between Bharti Enterprises and AXA Investment Managers.

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December 8, 2011

The Hartford in Mutual Fund Sub-Advisory Deal with Wellington Management

On December 7, 2011, The Hartford Financial Services Group Inc. announced that Wellington Management Company, LLP will serve as the sole sub-advisor for The Hartford’s funds, both in equity and fixed income.

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March 28, 2011

Allianz and Banco Popular Form JV in Spain

On March 24, 2011, Allianz SE announced that it will strengthen its strategic partnership with Banco Popular.

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February 16, 2011

Credit Suisse Enters India Strategic Agreement with HDFC

On February 14, 2011, Credit Suisse’s Asset Management unit announced that it had entered into a global strategic agreement with HDFC Asset Management Company Ltd. of India to provide Indian investment products.

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