Mega-Merger Of Invesco And AIM Closes, Creating Opportunity For Suppliers
TECHNOLOGY STRATEGIES
Invesco PLC completed the acquisition of AIM Management Group last week for about $2.2 billion in cash and stock, creating one of the largest fund management organizations in the world.
The combined entity has over $150 billion in assets under management and operations stretching across the US, Europe and Asia.
The merger is expected to provide opportunities for suppliers of pre- and post-trade information technology because wringing out overlapping costs is not what brought these two firms
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
Waters Wrap: ICE, Nasdaq and differing views about cloud
As exchanges continue to embrace cloud, the decisions they make today will have long-lasting implications.
S&P tests ‘ChatIQ’ genAI search tool in revamped CapIQ desktop
The new tool is the culmination of integrating recent acquisitions, including IHS Markit, ChartIQ and Kensho.
This Week: EuroCTP, CME/DTCC, State Street, Broadridge and more
A summary of the latest financial technology news.
Waters Wavelength Podcast: How do firms create data products?
Standard Chartered’s David Sharratt joins the podcast to discuss creating data products.
Snowflake partners with BMLL in another big tech-fintech tie up
The collaboration comes as part of both companies’ desire to eliminate end users’ need for intensive data engineering, as well as costly in-house data storage.
This Week: Nasdaq, ICE, FIA Tech, SimCorp and more
A summary of the latest financial technology news.
Behavioral analytics: the data trend that has asset managers looking inward
Vanguard and others are building tools that “nudge” investors to make better investment decisions.
Waters Wavelength Podcast: David Hardoon dissects language models
David Hardoon returns to talk about the field of language and how it’s the ‘heart and soul’ of artificial intelligence.