Bringing you live news and features since 2006 

Pacific Asset Advisors acquires Cadence Capital Management


Pacific Asset Advisors (PAAL), an investment management firm wholly-owned by Pacific Life Insurance Company, has completed its acquisition of Cadence Capital Management, a boutique investment firm with approximately USD4 billion in assets under management.

Through this acquisition, PAAL gains access to strategic beta solutions that enhance its ability to deliver to its clients' distinct investment opportunities. Cadence continues to operate as an independent investment advisor.
“We welcome the Cadence Capital team to PAAL and to Pacific Life,” says Andrew Oleksiw, senior vice president of Corporate Development for Pacific Life. “Their team of investment professionals, led by CEO Michael Skillman, has an average of 20 years of investment experience that enhance PAAL’s ability to develop new investment strategies.”
“PAAL has a strong track record of successful alliances with other asset management firms and there is a good cultural fit between PAAL and Cadence,” says Michael Skillman (pictured), CEO of Cadence Capital Management. “We are enthusiastic about our continued ability to work with our clients to meet their investment goals.”

Latest News

HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..
VanEck has reached USD10 billion in assets under management in Europe for the first time in April 2024...
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according to a benchmark study published..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by