US investment management firm Barrow Hanley to be acquired by Perpetual

US investment management firm Barrow Hanley to be acquired by Perpetual

BrightSphere Investment Group has agreed to sell its stake of 75.1% in US-based diversified investment management firm Barrow Hanley, Mewhinney & Strauss (Barrow Hanley) to Australian financial services company Perpetual for AUD465 million ($319 million). The acquisition is said to be in line with the strategy of the Australian financial services group to create world-class […]