|
Laxman Pai, Opalesque Asia: Investment Metrics, a Connecticut-headquartered provider of analytics, reporting, benchmarking, and other solutions for the institutional investment market, has acquired the investment factor and ESG exposure analytics provider Style Analytics.
In a statement, Investment Metrics said it acquired London- and Boston-based Style Analytics from private equity firm Horizon Capital. The combined entity would "create the new industry standard for performance and attribution analysis, peer benchmarking, and straight-through reporting across all institutional asset pools", it said.
The terms of the deal, completed on Dec. 30, were not disclosed.
The addition of Style Analytics is the latest investment by Investment Metrics to extend its global footprint with objective, transparent, and intuitive portfolio analytics solutions to better serve its global base of investment consultants, asset managers, and asset owners, the release added.
"We believe our complementary solutions will bring significant value to our clients as they increasingly rely on analytics solutions to support their portfolio allocation decisions and as ESG exposure has become an important portfolio metric," Brent Burns, CEO at Investment Metrics, said.
"Both companies share the same approach: We serve our clients by simplifying complex challenges associated with investment decisions, and together we will bring meaningful benefits on a global scale to our collective client...................... To view our full article Click here
|
RSS
