MetLife struck a deal to buy PineBridge Investments, a global asset manager with about $100 billion in assets under ...
MetLife Investment Management, a subsidiary of U.S. insurer MetLife said on Monday it has agreed to buy PineBridge Investments, a global asset manager, from Pacific Century Group in a deal valued at ...
The $800 million deal includes assets PineBridge has outside of China and would extend MetLife's asset management business.
The big managers continue to get bigger through M&A, with MetLife’s institutional asset management business buying PineBridge ...
PCG bought PineBridge from American International Group Inc. for $500 million in 2010 as the insurer was selling assets to repay a government bailout. PineBridge’s clients include pension plans, ...
The deal between the U.S. insurer and a company owned by Hong Kong billionaire Richard Li is expected to close in 2025.
Investment Management, the institutional asset management business of MetLife, announced that it has reached a definitive ...
US asset manager MetLife Investment Management is buying PineBridge Investments from Hong Kong billionaire Richard Li’s ...
New York-based insurer’s arm will pay US$800 million for PineBridge, which manages about US$100 billion in assets.
(Bloomberg) -- Pinebridge Investments LLC and T. Rowe Price Group Inc. fund managers cite the Turkish lira as a top emerging-market currency bet for 2025, as the central bank is seen charting a ...
MetLife to acquire PineBridge Investments for up to $1.2 billion, enhancing its asset management capabilities and portfolio.
MetLife Inc. agreed to buy PineBridge Investments’ assets outside of China from Hong Kong billionaire Richard Li’s Pacific Century Group as part of the US insurer’s push to grow in asset ...