MetLife IM completes PineBridge acquisition
MetLife Investment Management (MIM) has acquired PineBridge Investments, creating a combined business with US$734 billion in assets under management. The acquisition brings together the institutional strength of MIM, which is MetLife’s institutional asset management division, with the global footprint of PineBridge, it said in a joint statement. PineBridge was founded in 1996 as the investment advisory and asset management business of AIG. It was later...
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