MetLife Investment Management To Acquire Specialist ESG Manager, Affirmative Investment Management

MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc., announced that it has entered into a definitive agreement to acquire Affirmative Investment Management (AIM), a specialist global environmental, social and corporate governance (ESG) impact fixed income investment manager with deep capabilities in impact investing, verification, reporting and engagement. As of June 30, 2022, AIM’s assets under management were $1.01 billion. The acquisition is subject to customary closing conditions, including regulatory approval. The acquisition will advance MIM’s ESG investment and reporting capabilities as it seeks to deliver client…

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