US asset manager MetLife Investment Management is buying PineBridge Investments from Hong Kong billionaire Richard Li’s ...
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Investment Management, the institutional asset management business of MetLife, announced that it has reached a definitive ...
The big managers continue to get bigger through M&A, with MetLife’s institutional asset management business buying PineBridge ...
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New York-based insurer’s arm will pay US$800 million for PineBridge, which manages about US$100 billion in assets.
MetLife to acquire PineBridge Investments for up to $1.2 billion, enhancing its asset management capabilities and portfolio.
The S&P 500 is on its way to record a stellar annual return and back-to-back years of more than 20% gains. The index has ...
Chairman Richard Li's Pacific Century Group has sold PineBridge Investments' assets outside mainland China to MetLife Investment Management for US$800 million in cash. The transaction is expected to ...
METLIFE Investment Management, a subsidiary of US insurer MetLife said on Monday (Dec 23) that it has agreed to buy ...
The $800 million deal includes assets PineBridge has outside of China and would extend MetLife's asset management business.
The deal between the U.S. insurer and a company owned by Hong Kong billionaire Richard Li is expected to close in 2025.