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FNZ makes more acquisitions

AcquisitionWealth management platform FNZ has continued its acquisition spree, adding two more companies in the last week.

The New Zealand-based platform has bought YieldX, a US-based provider of fixed income portfolio management technology.

According to FNZ, the acquisition will boost its fixed income offerings to its investors.

It comes just days after FNZ bought German credit institution Fondsdepot bank in a bid to expand its European presence.

FNZ has made several purchases in recent months, following a $1.4 billion equity funding round last year.

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