KBS - Financial Services and Wealth Management - Market Insight

JUPITER’S £370M ACQUISITION OF MERIAN GLOBAL INVESTORS

Jupiter Fund Management paid £370m to buy Merian Global Investors in a deal that created the second largest retail asset management group in the UK, with £65bn under management.

CLIFTON ASSET MANAGEMENT ACQUIRED BY CBPE CAPITAL

CBPE invested in Clifton, a leading wealth management and pensions administration firm located near Bristol with a near 30-year history in pensions administration and wealth management, serving more than 9,000 clients.

Private equity and large firms have continued to acquire. For example, BlackRock conducted a $12.5bn cash and share deal with Global Infrastructure Partners.