Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Strategic Insight Prepares to Acquire Not Rated 2.0 Email Routing List Email & Route  Print Print
Tuesday, October 4, 2011

Strategic Insight Prepares to Acquire

Reported by Neil Anderson, Managing Editor

Strategic Insight's parent may soon extend its reach in the mutual fund world. Jason Cassidy, senior vice president of strategy and development at Asset International (Strategic Insight's parent), confirmed that the New York-based firm is looking at another mutual fund research firm, Boston-based Financial Research Corporation (FRC).

"We're in conversations with FRC about buying select assets from them," Cassidy told MFWire.com, declining to comment further.

MFWire.com could not reach FRC chairman Bob Hedges or president Bob Jenkins for comment on the deal talks. Strategic Insight's Avi Nachmany declined to comment.

AI's hunger may not surprise fundsters. Over the past three years, AI parent Case Interactive Media has purchased: Strategic Insight [see MFWire.com, 7/30/2009], Australian firm Plan For Life [see our sister publication, The 401kWire, 1/4/2011], London publisher see The 401kWire, 6/25/2009] and AI itself, the parent of retirement plan magazine PlanSponsor [see The 401kWire, 12/16/2008].

As for FRC, the firm has transitioned ownership into the hands of a group of private investors, including Hedges and other FRC employees. And its former parent, Hedges' own Mercatus, just sold to AlixPartners [see MFWire.com, 8/11/2011]. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

2.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use