Universal Investment Group to acquire Sweden-based FCG Fonder
The deal adds €4.6bn in AUA and enhances local ManCo and fund administration capabilities.
M&A
Funds industry
Deutsche Börse inks €5.3bn Allfunds acquisition
Transaction intended to create a global fund services player, combining Allfunds’ distribution capabilities with Deutsche Börse’s custody and settlement infrastructure.
Broadridge completes acquisition of Acolin
Deal strengthens regulatory and distribution capabilities for asset managers across Europe and beyond.
Apex Group enters agreement to acquire Mercer’s stand-alone administration business
Lift-out aims to strengthen Apex’s superannuation administration footprint in Australia.
EquiLend invests in Digital Prime
The partnership aims to integrate trading, post-trade, and data workflows for institutional digital assets and stablecoins.
SIX strengthens clearing business with Baymarkets acquisition
Integration of Oslo-based platform expected to modernise derivatives clearing and expand post-trade capabilities.
Edmond de Rothschild halts sale of Luxembourg asset servicing arm to Apex Group
Termination follows Apex’s inability to secure final regulatory approval; former BNY and European Depositary Bank executive will now lead Edmond de Rothschild’s asset servicing business.
SS&C Technologies to acquire Calastone for $1 billion
Landmark deal to integrate Calastone into SS&C’s global investor and distribution solutions division, advancing automation and cross-border fund connectivity.
HSBC agrees sale of fund administration business in Germany
Latest sale of European business unit, with €430 billion in assets under administration, marks a continuation of the custodian’s simplification strategy.
Crédit Agricole takes full ownership of CACEIS with acquisition of Santander’s stake
Group acquires remaining 30.5% interest, bringing its shareholding in asset servicer to 100%.