Macquarie Group Completes Acquisition of Waddell & Reed Financial, Inc. NEW YORK–(BUSINESS WIRE)–Macquarie Asset Management (MAM), the asset management division of Macquarie Group (ASX: MQG; ADR: MQBKY), today announced the completion of its acquisition of Waddell & Reed Financial, Inc.
In this regard, does Waddell and Reed own Ivy Funds?
Ivy Investments account access
This new look simply better reflects the mutual fund branding. The Ivy Funds are distributed by Ivy Distributors, Inc. and are managed by Ivy Investment Management Company, both of which are subsidiaries of Waddell & Reed Financial, Inc.
Herein, who is buying Waddell and Reed?
Macquarie Group
Who does Waddell and Reed clear through?
Waddell & Reed, Inc. (“W&R”) introduces transactions on a fully disclosed basis to our clearing firm, Pershing LLC (“Pershing”) .
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