Nasdaq’s data and index operations, coupled with eVestment’s institutional focus, will result in the creation of new solutions and expanded distribution to support the asset management community.
ICEX is promoted by a mix of public-private partnership comprising PSUs including MMTC, Indian Potash, Krishak Bharti Cooperative (Kribhco) and IDFC Bank, among others.
The new agreement means that all Unigestion’s Uni-Global SICAV sub funds and share classes are now listed on the MFEX platform, which offers 50,000 funds to investors in 30 countries globally.
Fellas will be the new venture’s CIO, according to the Bloomberg article, while former Morgan Stanley executive Ronnie Potel will be managing partner.
The acquisition includes Criterion Surveyors, a HNW-focused pre-risk survey business, and Criterion Claims Management, a specialist claims Third Party Administrator (TPA).