MJ Hudson acquired asset manager Amaces.

MJ Hudson acquired Amaces, a data and analytics firm, which provides tools and consulting services to help institutional investors benchmark and monitor the cost and quality of the investor services they receive from their custodian banks. Financial terms were not disclosed. The acquisition expands MJ Hudson’s existing asset management client base from 600+ managers, pension funds and other asset owners to more than 700, collectively managing in excess of $10tn. It provides MJ Hudson with an established operational and commercial presence in the US and Canadian markets, while simultaneously offering new and existing clients an extended and enhanced suite of services. The Amaces name will continue as ‘MJ Hudson Amaces’ and all of the services provided by the company will be accessible under the MJ Hudson brand.