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BlackRock to streamline Aladdin operations through Saphyre tie-up

The TRADE

Saphyre has partnered with BlackRock to integrate services with the firms end-to-end asset management platform Aladdin. This collaboration aims to streamline operations, mitigate risks, and simplify workflows for shared clients in the financial services industry.

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SMC Entertainment Enters Letter of Intent to Acquire Boutique Investment Manager, Bateau Asset Management, Providing Entry to Australian and Southeast Asian Financial Services Market

Global Newswire by Notified: M&A

SMC Entertainment Enters Letter of Intent to Acquire Boutique Investment Manager, Bateau Asset Management.

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SMC Entertainment Closes Acquisition of Boutique Investment Manager, Bateau Asset Management, Providing Entry to Australian and Southeast Asian Financial Services Markets

Global Newswire by Notified: M&A

SMC Entertainment Closes Acquisition of Boutique Investment Manager, Bateau Asset Management.

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MetLife IM set to acquire investment teams managing $6 billion from Mesirow

The TRADE

MetLife Investment Management (MIM) has reached a definitive agreement to acquire three investment teams and assets managed by Mesirow, an independent financial services firm. Nearly $6 billion of assets managed by the acquired team will transfer to MIM, under the terms of the transaction.

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BNP Paribas to pay €5.1 billion for AXA Investment Managers in trillion-dollar asset management JV

The TRADE

BNP Paribas has entered into a definitive agreement to acquire 100% of AXA Investment Managers – representing around €850 million in assets under management – for just over €5 billion. The deal is set to include an agreement for BNP Paribas’ long term management of a large part of AXA’s assets.

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People Moves Monday: UBS, MEAG, Northern Trust Asset Management and more…

The TRADE

Before joining MEAG, Malakis held senior sales positions with international asset managers, including Generali Insurance, Vanguard International and Schroders. Northern Trust Asset Management appointed Naoto Komoro to lead its asset management business in Japan.

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NJ Asset Management streamlines order management and compliance management with Bloomberg solutions

The TRADE

Bloomberg AIM and Bloomberg Vault have been adopted by India-based NJ Asset Management to help enable its enterprise-wide digital strategy across the entire investment workflow. According to the firms, Bloomberg AIM addresses NJ Asset Management’s specific needs for tools to support rule-based investment decision-making.