

MetLife Investment Management (MIM) has entered into a definitive agreement to acquire Affirmative Investment Management (AIM), a specialist global environmental, social and corporate (ESG) impact fixed income investment manager.
MIM said the acquisition will advance its ESG investment and reporting capabilities as it seeks to deliver client solutions and long-term risk adjusted returns.
“MIM will maintain its fundamental investment processes, and AIM brings us additional capabilities to evaluate sustainability and risk considerations across our core competencies in public fixed income, private fixed income and real estate,” MIM President Steven Goulart said.
The acquisition is subject to customary closing conditions, including regulatory approval.