M&A Deals
MUFG bolsters fund administration capability with acquisition
MUFG Investor Services, the global asset servicing group of Tokyo-based Mitsubishi UFJ Financial Group, has agreed to acquire mutual fund administration business Rydex Fund Services from Guggenheim Partners.
Santander and UniCredit end fund management merger talks
A deal to merge the fund management businesses of Italy’s UniCredit and Spain’s Santander has officially been called off.
First Names Group acquires Nautilus
First Names Group has received regulatory approval to acquire trust and corporate services provider Nautilus Trust Company in Jersey, Hong Kong and London.
South Africa insurer Sanlam buys 49% stakes in Firstglobal AM
Graviton Financial Partners, a wholly-owned subsidiary of South African insurance giant Sanlam, has acquired a 49% stake in Firstglobal Asset Management for an undisclosed sum.
Curtis Banks buys Sipp book out of administration
Curtis Banks Group has acquired the self-invested personal pension (Sipp) business of UK-based European Pensions Management (EPM) for an undisclosed sum.