Russell Investments put up for sale - reports

Goldman Sachs handling the sale

David Brenchley
clock • 1 min read

Russell Investments has been put up for sale by its private equity owner TA Associates, according to reports.

TA has hired banking group Goldman Sachs to handle the sale and find potential buyers for the Seattle-based firm, the Financial Times reported. Russell, which was bought by TA in 2016 for $1.15bn from the London Stock Exchange Group, has just shy of $300bn of assets under management. The FT said it was unclear how much TA was seeking for Russell. Asset management M&A hits record high in 2018 The move comes amid increasing consolidation in the asset management industry, with large-scale mergers like the £11bn combination of Standard Life Investments and Aberdeen Asset Management; an...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Industry

IW 30: Meet the asset management gamechangers of the next 30 years

IW 30: Meet the asset management gamechangers of the next 30 years

Fifteen industry talents

Maria Nicholls
clock 10 July 2025 • 16 min read
Door's Shilpan Patel: Culture takes centre stage

Door's Shilpan Patel: Culture takes centre stage

Fund selectors increasingly aware of poor culture

Shilpan Patel
clock 27 June 2025 • 3 min read
Artemis' Gent on how active houses can succeed in an evolving marketplace and strategies for growth

Artemis' Gent on how active houses can succeed in an evolving marketplace and strategies for growth

Time of rapid evolution for the wealth and intermediary sector

Katrina Lloyd
clock 26 June 2025 • 7 min read
Trustpilot