Broadridge Acquires Spence Johnson Limited

Broadridge Financial Solutions, Inc. has acquired Spence Johnson Limited, a provider of global institutional data and intelligence to the asset management industry. The acquisition will combine Broadridge's global retail fund data and analytics solutions with Spence Johnson's institutional data, market intelligence and insight, bringing together retail and institutional data/analytics in a single industry source. This combination will extend Broadridge's ability to provide its asset management clients with a holistic global market view enabling identification and analysis of growth opportunities. Broadridge's Global Market Intelligence solution, which analyzes over 82,000 mutual funds and ETFs globally, will be expanded to include Spence Johnson's Money in Motion product, which tracks $7 trillion of institutional flows. Bringing together these two market leading solutions on cross border funds and institutional mandates will enable analytics on assets and flows across the asset management industry.