Rothschild Stake In ERAAM Points To Rising M&A Buzz For ARP

Edmond de Rothschild on July 10 said it would buy a 34% stake in ERAAM, the latest in a wave of deals for quantitative managers. Rothschild was one of three companies interested in securing a stake, said ERAAM’s Chief Executive Officer, Cyril Julliard, who has seen growing interest from companies such as insurers and asset managers seeking a better understanding of data in the risk premia market.