Broadridge Expands Asset Management Data and Analytics Offering Through Acquisition of Spence Johnson

LAKE SUCCESS, N.Y., July 11, 2017 – Broadridge Financial Solutions, Inc. (NYSE:BR) has acquired Spence Johnson Limited, a leading provider of global institutional data and intelligence to the asset management industry. The acquisition will combine Broadridge’s global retail fund data and analytics solutions with Spence Johnson’s institutional data, market intelligence and insight, bringing together retail and institutional data and analytics in a single industry source for the first time. This powerful combination will extend Broadridge’s ability to provide its asset management clients with a holistic global market view enabling identification and analysis of growth opportunities.

 “This acquisition is another step in Broadridge’s strategy to provide our asset management clients with leading data solutions and market intelligence on a global basis,” said Dan Cwenar, president, Broadridge Data and Analytics.

Broadridge’s Global Market Intelligence solution, which analyzes over 82,000 mutual funds and ETFs globally, will be expanded to include Spence Johnson’s Money in Motion product, which tracks over $7 trillion of institutional flows. Bringing together these two market leading solutions on cross border funds and institutional mandates will enable powerful analytics on assets and flows across the asset management industry. The expansion of capabilities in research and consultancy underscores Broadridge’s commitment to providing the industry with enhanced data and deeper insights.

 “Combining Broadridge’s and Spence Johnson’s powerful data and analytics solutions will position Broadridge to provide our clients the ability to perform complete cross channel analysis, enabling unique geographic, market and product views,” said Stephanie Clarke, senior vice president of Broadridge’s Global Market Intelligence business. “The ability to measure and benchmark the market by geography, channel and product will be a significant advancement in asset management industry data, analytics and insight.”

 “Spence Johnson is proud to join Broadridge and together provide the industry with an unprecedented view of the asset management marketplace,” said Magnus Spence, co-founder and CEO of Spence Johnson. “Our combined data and analytics will better enable us to provide our clients with the data and insights needed to identify growth opportunities.”

Terms were not disclosed.