NEW YORK--Reuters has created a funds information services unit following the acquisition last week of the fund information business of Lipper Analytical Services. The deal, which was rumored a couple of weeks ago (Inside Market Data, July 6), is the largest step so far in Reuters' stealthy buildup of fund information services offerings.
The acquisition of such a major brand name as Lipper Analytical underscores Reuters' hunger to enter the fund management business. Terms of the deal were not
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails