Business

Allfunds acquires Nasdaq’s electronic mutual fund service

The new deal between Allfunds and Nordic Fund Market, will grow Allfunds’ market share in the Nordics by 50 per cent.

The investment infrastructure and technology provider Allfunds has agreed on the acquisition of its rival, Nordic Fund Market (NFM), from Nasdaq. The deal will strengthen Allfunds’ position on the Nordic market, where it has been expanding its reach since
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