Franklin Templeton has announced the completion of its acquisition of BNY Alcentra Group Holdings.
Following the acquisition, SharingAlpha will be fully integrated into TIFIN’s Magnifi platform. The integration will offer both retail and professional investors from all over the globe unique digital tools.
Following the acquisition of BMO’s EMEA AM business last year, the newly expanded organisation will now operate under a single brand: Columbia Threadneedle Investments.
With the addition of ETF Securities and its A$4.7 billion in assets under management (AUM), Mirae Asset is expanding its footprint into Australia and bringing its ETF AUM to over $85 billion.
The acquisition brings Goldman Sachs’ assets under supervision to approximately $2.8 trillion and affirms its position as a top five active asset manager globally.
This acquisition is in line with BNPP AM’s strategy of accelerating the expansion of its investment platform, particularly within the strategically important area of private markets.