Marsh & McLennan (MMC) Declares $0.375 Quarterly Dividend; 1.8% Yield

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Go back to Marsh & McLennan (MMC) Declares $0.375 Quarterly Dividend; 1.8% Yield

Marsh & McLennan's (MMC) Mercer Announces Acquisition of BFC Asset Management in Japan

January 16, 2018 9:02 AM EST

Mercer, a global consulting leader in advancing health, wealth, and career, and a wholly-owned subsidiary of Marsh & McLennan Companies, Inc. (NYSE: MMC), today announced it has acquired BFC Asset Management Co., Ltd. (BFC), one of Japans leading independently owned multi managers, focused on alternative investment strategies. The acquisition strengthens Mercers presence in Japan and enhances the firms ability to address the growing alternative investments needs of Japanese institutional investors. Terms of the agreement were not disclosed.

BFC is a truly client centric firm and one of Japans successful providers of alternative... More