- Universal-Investment Group has acquired the Irish fund management company, Metzler Ireland Limited (MIL).

MIL will be developed into the third fund service hub, following Luxembourg and Germany. MIL was formed in Ireland, has 20 employees and had approximately €2.8bn assets under management per the end of November. The company is a sister company of B. Metzler seel. Sohn & Co. KGaA, the oldest German private bank with over 340 years of uninterrupted family ownership. The closing of the acquisition is still subject to the approval of the Irish Financial Regulator.

- Zurich Invest AG has chosen FA Solutions, a cloud portfolio management solution provider headquartered in Helsinki, as their technology partner to support the growth of specialised investment solutions.

The partnership will enable Zurich Invest AG the ability to streamline its operations and continue to develop premium product offerings and customer service for its clients. Zurich Invest AG is an independent fund management company that builds complex, specialised fund structures for private customers, Swiss pension plans, and institutional investors.

- Amundi Private Equity Funds (Amundi PEF) has launched a new diversified infrastructure strategy.

As a highly sought-after asset class for institutional investors, infrastructure is notable for its financial characteristics[2] of aiming to provide steady and predictable income streams. The new strategy is intended for institutional investors who do not have the in-house resources and experience required to invest directly in Infrastructure, using a diversified and scalable approach, and in particular, for those investors who prefer to invest through seasoned specialists, given the asset class’ increasing complexity.

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