FE fundinfo acquires one of Australia’s leading multi-asset managed account providers

FE fundinfo has acquired Zenith Group, a provider of research, rating, managed accounts and advisory technology in the APAC region.

The deal, which includes Zenith Investment Partners and Chant West, brings together two of the leading data and fundraising providers in Europe and the APAC region with a complementary set of services focused on asset managers and advisers, has FE fundinfo said in a statement on October 6.

A well-established investment partner of financial advisers in Australia, Zenith Group was founded 20 years ago and, around that time, grew to support financial advisers with research notes on over 1,000 products from investment and retirement and over 150 investment portfolio solutions.

As one of the leading providers of multi-asset managed accounts in Australia, Zenith now manages over AU $ 3 billion in assets for advisors on behalf of their clients.

The acquisition presents a truly exciting opportunity for the entire Zenith Group and I look forward to working with FE fundinfo to expand our offering of research, data and technology solutions to Australian clients, while also giving us the opportunity. to explore global reach. ”

With an office in Sydney since 2014, FE fundinfo also acquired investor publications Money Management and its sister publication, Super Review, in 2017.

Globally, FE fundinfo has 838 employees and operates in Australia, UK, France, Germany, Switzerland, Luxembourg, Denmark, Italy, Spain, Czech Republic, India, Hong Kong and Singapore. Globally, she works with nearly 1,000 leading asset managers, fund managers and fund distributors, including 60 of the top 100, and nearly 4,000 financial advisors.

The acquisition follows agreements with ESG specialists CSSP in late 2020 and 2021, cash planning provider CashCalc and fund data technology company FundConnect.

David Wright, Managing Director of Zenith Group, said: “The acquisition presents a truly exciting opportunity for the entire Zenith Group and I look forward to working with FE fundinfo to expand our offering of research, data and data solutions. technology to Australian customers, while giving us the opportunity to explore global reach.

Management agrees that there is an excellent alignment of values ​​and goals between the two organizations, and that together we can create a truly compelling premium service for advisors, fund managers, super funds. and institutional clients. “

Hamish Purdey, Managing Director of FE fundinfo, said: “As factors such as increasing regulation, growth in ESG investments and the development of new technologies continue to revolutionize the global fund industry, there is a greater need for never advisers and assets. managers to have access to the best data, ratings and research to enable their clients to make the most of the opportunities in this new landscape. “


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Michael J. Birnbaum

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