Trade Insider
by David on February 28, 2020

Monex Group Acquires Saison and Raisonnable

Monex Group Inc. is a Japanese financial services firm, engaging in online security trading as well as providing education in the investment field.

This Friday, an announcement was made that Monex Group will be bought out by Credit Saison and Raisonnable in Joint Venture.

They have conluded a share transfer agreement with Credit Saison, meaning that Monex Group will be taking over all the shares of Monex-Saison-Vanguard investment Partners Inc. that is owned by Saison and holds 44% of the total amount of shares.

Furthermore, Monex will also be taking all of  Raisonnable Inc.’s shares, leaving it with a total of nearly 50% of the shares.

Once the transactions are complete and Monex Group receives all of the agreed shares, they will be renaming the company from Monex-Saison-Vanguard Investment Partners to Monex Asset Management Inc. The name change is said to take place on 1st of April this year.

The company has released a statement today regarding the acquisition. The group expresses their interest in transitioning from a brokerage model to an asset-management model, with the goal of increasing the assets available for their customers.

Monex Group also mentions that they strive to enhance its corporate value by reinforcing the ability to support its customers with their asset management and asset creation needs. They see the acquisition as a great opportunity to do so and will maintain its strong relationship with Credit Saison and Vanguard in an effort to contribute to a wide range of customers and their appropriate needs of asset management and asset creation.

Monex-Saison-Vanguard Investment Partners were first established in 2015. Ever since then, they’ve been developing, providing and managing MSV LIFE and MSV COMPASS+. These are discretionary investment services that enables customers to experience Vanguards investment philosphy. The names of these services are subject to change, similarly to the company’s name, but will stil lcontinue to provide the services under the same concept and policies.

By David

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