Acquisitions

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UBS to buy Wealthfront

UBS to buy Wealthfront

UBS and Wealthfront, an automated wealth management provider serving the next generation of investors, have signed an agreement whereby UBS will acquire Wealthfront in an all-cash transaction valued at USD1.4 billion. 

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Kingswood buys Money Matters

Kingswood buys Money Matters

Wealth group Kingswood Holdings has agreed to acquire, subject to regulatory approval, Money Matters (North East) Limited, a privately owned wealth management business, primarily offering its services in the North East of England.

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Goldman Sachs to buy NN Investment Partners

Goldman Sachs to buy NN Investment Partners

The Goldman Sachs Group, Inc. (“Goldman Sachs”) today announced that it has entered into an agreement to acquire NN Investment Partners from NN Group N.V. for approximately EUR1.6 billion. The transaction is expected to close by the end of the first quarter of 2022, subject to regulatory and other approvals and conditions.

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FE fundinfo acquires Nordic based FundConnect

FE fundinfo acquires Nordic based FundConnect

FE fundinfo, a global fund data and technology leader, has acquired FundConnect, the fund data and technology company based in Denmark. The deal brings together FE fundinfo’s fund data and technology expertise in the UK, Europe & Asia with FundConnect’s complementary set of services and their unique position in the Nordic fund industry.