Funds Europe, the leading publication for Europe’s institutional investment professionals, has been sold by Punter Southall Group to Health & Protection parent Definite Article Media Limited.
The acquisition, which takes place with immediate effect, sees Funds Europe’s ten staff join Definite Article Media, the publisher of Corporate Adviser, Health & Protection, Benefits Expert and CAPA-data.com.
Funds Europe will continue to generate comprehensive, news, views and intelligence on the European funds sector through print and online.
Definite Article Media co-founder and group commercial director Ricardo Medina said: “Quality journalism is a valuable commodity which is why we are very excited to welcome the Funds Europe team into our organisation.
“We’re looking forward to growing existing partnerships and exploring new opportunities with Funds Europe.”
Definite Article Media co-founder and editorial director John Greenwood added: “Funds Europe has a fantastic reputation for market-leading journalism across the asset management community, and we’re delighted to bring it into the Definite Article Media stable.
“Our growth has been rapid since Definite Article Media was set up five years ago when we did a management buyout of Corporate Adviser, and the addition of Funds Europe means we now have five publications.
“In many ways it will be business as usual for Funds Europe but we also look forward to sharing expertise and exploring synergies across the group.”
Punter Southall Aspire CEO Steve Butler said: “Combining the asset management coverage of the Funds Europe team with the established journalism of Definite Article Media offers even more informed and varied insight for a growing audience.
“I look forward to watching the team and title thrive as part of this specialist concern.”
Funds Europe editor in chief Nick Fitzpatrick added: “Joining a dynamic news and publishing group is a logical and positive step for us.
“We’ve made a name for ourselves through the breadth and scope of our investment management coverage. This gives us a platform to innovate and develop further for our readership.”