The parent company of Ark Investment Management, Ark Invest, has acquired specialist ETF issuer Rize ETF from AssetCo. Rize ETF, which was founded in 2019, will be renamed Ark Invest Europe as part of the transaction, and will be positioned as a separate arm of Ark Invest. The firm’s purchase from UK asset management firm AssetCo, […]
Activist group NewGAMe has nominated Randel ‘Randy’ Freeman to be the new chief executive of GAM. Multiple reports say the activist group, which owns just under 10% of the Swiss asset manager, will put forward Freeman as the new chief executive at the next AGM, due to be held in September. It was reported that […]
The firms have jointly launched SRI products over the past five years
Strategic deal forms part of its global expansion plans
It previously held 49% of the real estate firm
The acquisition includes the Asia business but not US-based InvestmentNews
The boutiques will work together to ‘bolter their respective market positioning’
As it enters into 10-year partnership with NN Group to manage $180bn of assets
Strengthening its foothold in a number of existing markets
The latest in a series of acquisitions that have seen the firm significantly grow its footprint
Part of the Mark Allen Group.
