By: E&P Staff
The Financial Times has acquired economic intelligence firm Medley Global Advisors. The company is based in New York and provides investment banks, hedge funds and asset managers with in-depth research and analysis.
“The acquisition delivers another premium service to an important FT audience and reinforces our strategy of building strong subscriber and digital businesses in core sectors,” John Ridding, FT’s chief executive, said in a statement. “MGA holds a unique position at the crossroads of the policy world and financial markets, combining primary research with direct access to policymakers to deliver breaking news and deep insights.”
MGA will continue to be based in New York. It has offices in Washington D.C., London Frankfurt, Beijing and Tokyo. The firm had an estimated $7.3 million in gross assets last year.