ARC Group today announced that its subsidiary ARC Research is to be acquired by S&P Dow Jones Indices, a division of S&P Global.
The acquisition will accelerate ARC’s ambition to take its wealth indices to a global audience and support the ARC Group in driving forward its award-winning advisory division, which advises on $25 billion in assets for international families and charities.
Graham Harrison (pictured), Founder and Chairman of ARC Group, said: “We have always dreamt of taking the ARC Wealth Indices and our vision of better performance transparency to private clients across the globe. We are thrilled to have found a partner in S&P Dow Jones Indices that shares our vision and brings instant global brand recognition.”
Stephen McMahon, CEO of ARC Group, said: “We look forward to collaborating with S&P DJI as it takes the ARC Wealth Indices to a global audience. For the ARC Group, our core advisory business has a compelling growth story all of its own. This will become our sole strategic focus. We continue to believe that large and sophisticated private client investors have need of truly independent advice.
