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MutualFundWire.com
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Wednesday, December 31, 2025 Who Bought Whom In 2025? Consolidation continues in the mutual fund and ETF business (and the rest of the U.S. asset management business). Here are some of the deals that went down in 2025: March 20 - The Hennessy Advisors, Inc. team publicly agreed to adopt STF Management LP's two ETFs in a deal expected to close in December 2025; April 11 - American Beacon adopted the Ionic Inflation Protection ETF; April 17 - Horizon Investments acquired a majority of the assets of New York City-based Centre Asset Management; August 29 - Natixis Investment Managers' Gateway Investment Advisers acquired the business of Los Angeles-based Belmont Capital Group; December 1 - Nomura closed on its planned acquisition of Macquarie Asset Management North American and European public asset management business; December 5 - the Virtus Investment Partners team publicly agreed that the firm will buy a majority stake in Salt Lake City-based Keystone National Group in a deal expected to close in Q1 2026; December 22 - the Trian Fund Management, L.P. and General Catalyst Group Management, LLC teams publicly agreed that the companies will take London-based Janus Henderson Group plc private in a deal expected to close in the middle of 2026. Did we miss a deal? Let us know at editors@MFWire.com. In the meantime, watch MFWire's deal sheet to keep up-to-date on deals throughout the year. Here's a look back at 2024 deals. And for an overview of 2025's retirement plan industry deals, read this update from 401kWire, a sister publication to MFWire. Printed from: MFWire.com/story.asp?s=71894 Copyright 2025, InvestmentWires, Inc. All Rights Reserved |