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Investment Europe 01/21/2020 07:03
Broadridge Financial Solutions has agreed to buy FundsLibrary from Hargreaves Lansdown, the investment platform operator. Although terms of the transaction have not been published, the companies have noted that the deal would bring together Broadridge's regulatory communications capabilities with FundsLibrary's fund document and data dissemination capabilities across Europe, to create a single offering to fund managers regarding distribution and regulatory requirements. FundsLibrary compiles data for around 40,000 investment products, sourced from some 700 global fund groups and supports over 180 million requests each year. "Integrating FundsLibrary's data platform and technology with Broadridge's existing fund calculation, translation and

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