GLASGOW - Aberdeen Asset Management has a $1.4 million deal to buy Themis Investment Management, HSBC Holdings' London-headquartered index fund management unit, the companies recently announced.
Themis, which oversees three European stock index funds, is Aberdeen's fourth deal since August. It was announced Nov. 28. In September, Themis bought Barclays Property Management for $33 million. In early October, it bought Murray Johnstone Holdings Ltd. from Boston's United Asset Management Corp. for $220 million, and two weeks later it signed a deal to buy Equitilink Group of Sydney, an Australian asset manager, for $80 million.