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FT Buying MandateWire Pension Data Service

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The Financial Times is doing a fourth acquisition in the digital subscription data space, buying London-based MandateWire, which supplies info on European pension funds.

No acquisition price is disclosed. This follows the recent acquisitions of Mergermarket, and Money-Media. Pensions is hardly the sexiest end of the industry, but increasingly important as more companies struggle to keep their funds in tact.

MandateWire employs journalists to analyse over 2,000 Euro pension funds, sending daily emails to companies’ sales and marketing teams plus to analysts at fund management groups, 100 of which are on board as clients.

The eight-strong team will move in to the FT’s office this month, reporting to FT Fund Management publisher Matt Fottrell, though MandateWire MD Serenella Maculan will stay on board. FT’s fund management products also include FTfm, FT Mandate and Ignites Europe.

One Response to “FT Buying MandateWire Pension Data Service”

  1. fastfission

    Actually this was a real smart move. Mandatewire are a great little acquisition that fits like a glove into the FT repertoire. They are the best in their niche and only Euromoney have a similar product which is not very good because, well, it's made by Euromoney.

    Hopefully the innovation shown by the principals of the business won't get killed off by the dead hand of the silo creating dinosaurs and general incompetents who inhabit OSB and who make the atmosphere so toxic to work in.