FE Fundinfo buys French firm to boost distribution channel

The deal is part of FE Fundinfo's initiative launched in June 2023 which is aimed at "enhancing the middle and back-office processes for asset managers through digitalisation, standardisation and automation". FE Fundinfo said the move will help elevate its capabilities, "further strengthening its status as a reliable and scalable service provider" while delivering an end-to-end solution for fees and distribution channel management. The firm described the acquisition of Adjuto as an "important milestone" in FE Fundinfo's service offering related to fund distribution. Adjuto is expec...