Kepler Cheuvreux has acquired a majority stake in ETF selection and analysis platform Trackinsight.
Jean-Pierre Ané
Following the completion of the transaction, the Trackinsight brand is set to be maintained and continue to operate independently as well as retaining its in-house teams.
The move “reaffirms [Kepler’s] commitment to becoming the undisputed leader in the ETF sector”, said the firm.
The deal will provide clients with ETF selection tools for manager and fund selection, as well as innovative portfolio construction tools.
“Technology and innovation in the service of clients are at the heart of our daily concerns,” asserted Philippe Malaise, chief executive and chair of Trackinsight.
Over the last two decades the evolution of ETFs have reshaped the asset management sphere irrevocably, with an annual growth rate of 15% since 2010 – around three times the velocity of traditional mutual funds.
Read more: Innovation in ETFs will lead to increased opportunities
Jean-Pierre Ané, deputy chief executive at Kepler Cheuvreux, said: “We aim to go [even] further by supporting our clients across the entire value chain, from selection to transaction. This acquisition strengthens Kepler Cheuvreux’s position as a key player in financial services.”