Wilshire, a leading global financial services firm, announced the completion of its previously announced acquisition of Lyxor Asset Management Inc. (“Lyxor U.S.”), the U.S.-based investment advisor business of Lyxor Asset Management with $20.8 billion in assets under management[1].
This transaction brings together two firms that share an unwavering commitment to improving investment outcomes for clients. With the addition of Lyxor U.S., Wilshire is able to offer an enhanced suite of investment products and a leading alternatives platform to support a broader range of investment opportunities for clients of both legacy businesses.
Financial terms of the transaction were not disclosed.
Source: Wilshire
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