Asset International Buys German Fund Data Provider FWW

Deal will allow both vendors to grow the audience for their products.

acquisition-sold

FWW provides a range of services to investors and investment advisors, including Fund Data database and FundStars rating system, which are designed to support investment decisions.

The vendor will operate as an independent unit and remain based in Munich, led by joint managing directors Matthias Rothe and Marc Bonnet, who will now report to John Lee, managing director of Europe at Asset International.

The deal will also help FWW to expand its client base internationally as well as providing its