CITIC Securities is reportedly nearing a deal to acquire Seattle-based Russell Investments , a global asset management firm, for a price thought to be $1.8bn; it is not known when the deal will be completed. Seattle-based Russell Investments has US$ 270 billion worth of assets under management globally this year, up US$ 20 billion from 2014. The acquisition would give CITIC an investment firm with more than $200m in assets under management.
CITIC Securities is reportedly nearing a deal to acquire Seattle-based Russell Investments , a global asset management firm, for a price thought to be $1.8bn; it is not known when the deal will be completed. The acquisition would give CITIC an investment firm with more than $200m in assets under management.