BlackRock said it is acquiring digital wealth management firm FutureAdvisor, joining the ever more crowded ranks of robo advisors.
Fidelity national information services $9.1 billion takeover of SunGard Data Systems seeks to jump-start business with the world's largest money managers.
The sudden closure of a TAMP spurred a competitor to seek a position to benefit from its demise, recognizing an opportunity to ramp up its growth plans, asset base and workforce.
Aberdeen Asset Management agreed to buy Arden Asset Management to expand its hedge-fund business.
Blackstone will sell an investment reporting service that it created initially for its own use to Ipreo, a data provider it acquired last year.
Goldman Sachs Asset Management (GSAM) announced it has entered into an agreement with Deutsche Asset & Wealth Management (DeAWM) to acquire DeAWM's stable value business, with total assets under supervision of $21.6 billion as of June 30, 2013
Asset management mergers and acquisitions are on the rise and all signs are pointing to another healthy year for deal activity.
It looks like Nationwide Mutual Insurance Company will have its day in court come January 2014 to defend itself against a mutual fund lawsuit.
Broadridge Financial Solutions has agreed to acquire Bonaire Software Solutions, a provider of fee calculation, billing, and revenue and expense management solutions for asset managers including institutional asset managers, wealth managers, mutual funds, bank trusts, hedge funds and capital markets firms.
Franklin Resources has acquired the remaining 80% stake of alternative investments specialist Pelagos Capital Management.