FE fundinfo has recently been on the acquisition trail and in the past year has acquired CSSP, cashflow modeller CashCalc and FundConnect.

The firm says the deal brings together two leading investment research and fund ratings providers in Europe and the Asia Pacific region.

Zenith Group was founded 20 years ago and supports financial advisers with research ratings on over 1,000 investment and superannuation products and more than 150 investment portfolio solutions. 

It also one of the first multi-asset managed account providers in Australia.

FE fundinfo has offices in key fund centres such as London, Luxembourg and Zurich. It has had an office in Sydney since 2014 and in Australia acquired investor publications Money Management and its sister publication, Super Review, in 2017. 

The firm employs nearly 840 people around the world and globally works with almost 1,000 asset managers, fund managers and fund distributors and nearly 4,000 financial advisers.

Hamish Purdey, chief executive at FE fundinfo, said: “As factors such as increasing regulation, the growth in ESG investing and the development of new technology all continue to revolutionise the global funds industry, there is a greater need than ever for advisers and asset managers to have access to the very best data, ratings and research to allow their clients to make the most of the opportunities in this new landscape.”