ISI Emerging Markets Group acquires EPFR to expand global intelligence platform and rebrands as ISI Markets
London, 1st August 2024 – ISI Markets, the leading provider of macroeconomic data, industry, company and sovereign intelligence, today announces the acquisition of EPFR, the global leader in fund flows and allocation data.
With the acquisition of EPFR, ISI Markets gains a proprietary macro funds flow dataset and proposition, reinforcing ISI’s strategy of curating and delivering difficult-to-source “macro to micro” data, helping inform buy- and sell-side firms’ strategies and investment decisions across global markets, including on the world’s fastest growing and highest potential economies.
EPFR, which is renowned for its breadth, granularity, and frequency of global fund flows coverage, will operate alongside ISI Markets’ leading global macroeconomic and financial market data business, CEIC. Combining the firms’ offerings provides ISI Markets’ clients, including asset managers, hedge funds, and banks, comprehensive data and insight on investor sentiment and money movements across regions and asset classes, whilst streamlining workflows and enhancing investment models for economists, quantitative analysts and investment professionals with the tightest integration of datasets.
Steve Pulley, CEO of ISI Markets, commented: “The strategic acquisition of EPFR marks a pivotal step in the evolution of ISI Markets. Bringing greater scale in terms of breadth of buy- and sell-side relationships across North America and Europe and material expansion of our proprietary data asset, ISI Markets is now positioned as a unique global data and intelligence platform providing excellent coverage of developed markets whilst remaining best in breed on emerging markets.”
Pascal Ambrosi, Partner at Montagu, commented: “This acquisition reflects the strong synergy that has developed between EPFR and ISI Markets over time, as the two became truly global service providers with a strategic focus on more deeply supporting buy- and sell-side client workflows. The transaction will also enable the companies to expand their geographic reach and tap into markets in North America/Europe and Asia respectively.”
The acquisition follows the partnership announced earlier this year which saw ISI Markets integrate EPFR fund flows and asset allocation data across all major asset classes, tracking over 150,000 traditional and alternative fund-share classes, into CEIC’s workflow and analytics platform. By combining EPFR's data with over 3,500 other economic and financial data sources, the combined offering has equipped investment professionals with the ability to better understand the linkages between economic factors, investor sentiment and asset class performance.
EPFR was carved out from Informa PLC by Montagu in October 2022 and is the second acquisition by ISI Markets since Montagu acquired ISI in December 2020 and follows the acquisition of REDD Intelligence, the leading emerging market corporate and sovereign intelligence provider for high yield, private credit, distressed and event-driven special situations. ISI Markets also offers EMIS, the award-winning AI powered market intelligence and research platform.
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About ISI Markets
ISI Markets incorporates CEIC, EMIS, and REDD - three brands renowned globally as the leading providers of data, news analysis and research on global markets, including the world's highest-potential countries.
Visit: www.isimarkets.com.
About EPFR
EPFR is the industry leader in providing fund flows and asset allocation data to financial institutions worldwide, delivering an unparalleled picture of institutional and retail investor flows and fund manager allocations driving global markets. Tracking over 151,000 traditional and alternative fund-share classes domiciled around the world with more than $52 trillion in total assets and covering 93 percent of global equity fund products as measured by assets under management, EPFR's clients include the world's biggest banks and money managers.
Visit: https://epfr.com/.
About CEIC
Founded in 1992, CEIC curates the highest quality and most timely economic data from traditional and high frequency alternative sources, enabling economists and investment professionals to understand the development and near-real time performance of the markets they cover. Data is available for over 200 countries and territories, with a specific focus on emerging markets through deep, country-specific databases.
Visit www.ceicdata.com.
For press enquiries, please contact:
Gina White, Group Chief Marketing Officer
ISI Markets
10th Floor, 30 Crown Place, London EC2A 4EB, United Kingdom