S&P DJI Acquires ARC to boost wealth data

LONDON – S&P Dow Jones Indices, a unit of S&P Global (NYSE: SPGI), announced on Monday that it has signed a definitive agreement to acquire ARC Research.

ARC Research, a leading provider of investment performance data and benchmarking solutions for the private wealth sector and possesses a proprietary database comprising over 500,000 private client portfolios spanning more than 20 years. The firm supports over 190 investment managers and wealth advisors worldwide, having gathered and analyzed portfolio information since 2002. This acquisition is set to enhance S&P Dow Jones Indices’ ability to offer customized benchmarks and data-driven solutions tailored specifically for wealth managers, private banks, and financial advisors. 

Dan Draper, CEO of S&P Dow Jones Indices, mentioned, "The acquisition of ARC Research represents a significant step in our commitment to serving the evolving needs of the wealth management industry." 

The deal is expected to close in the third quarter of 2025, pending customary closing conditions and regulatory approvals. Financial details were not disclosed. 

Known for overseeing key market indices such as the S&P 500 and Dow Jones Industrial Average, S&P Dow Jones Indices was advised on the transaction by international law firm Ashurst LLP.  

In related developments, S&P Global recently launched AI-ready metadata on its S&P Global Marketplace platform, designed to improve data accessibility for both human users and artificial intelligence systems. This machine-readable, vendor-neutral metadata aims to accelerate adoption of AI and analytics tools across the financial sector. 

Furthermore, S&P Global has partnered with AI firm Anthropic to integrate its financial datasets into Claude, Anthropic’s AI assistant, enabling financial professionals to retrieve data via natural language queries.  

Meanwhile, Mizuho has increased its price target for S&P Global to $591, citing a rebound in bond issuance and favorable equity market trends expected to drive growth in the company’s Indices segment. The firm also predicts modest acceleration in S&P Global’s Market Intelligence business, supported by stable client retention. Separately, S&P Global downgraded Senegal’s credit rating to B- due to concerns over rising debt and increased external financing needs. Additionally, UK Construction PMI data revealed a modest easing in the sector’s downturn during June, highlighted by renewed growth in homebuilding despite continued declines in commercial construction activity.