Generali acquires Merrill Lynch Ucits provider
Italian group recently outlined three-year plan to develop its European business, including asset management
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Italian group recently outlined three-year plan to develop its European business, including asset management
Italian insurer outlines three-year plan to expand business via organic growth and M&A and will target CEE region
French-based Lombard Odier is to take over a Credit Suisse luxury product fund as part of a plan to expand into the sector.
Global asset manager VanEck is to acquire Netherlands-based Think ETF Asset Management, more than trebling the number of Ucits ETFs the New York firm has available in Europe from six to 20.
Geneva-based Quaero Capital is to join forces with a London boutique asset manager to create a €1.92bn ($2.3bn) active investment house with a focus on Asia and high-conviction strategies.
The Italian bank Mediobanca has acquired a 69% stake in the Swiss boutique asset manager RAM Active Investments, as part of a strategic drive to make its wealth management activities its “major growth driver”.
The French insurer AXA is considering to sell its asset management arm, a report has suggested.
US-based asset manager Invesco has confirmed it will take over Source, the London-based ETF provider.
The ‘squeeze’ on asset managers’ balance sheets is well known, while recent deals in the sector have failed to cheer shareholders, but there are nonetheless pointers to the industry’s future winners.
After being forced to confirm discussions about a potential £11bn merger, does the consolidation of Standard Life and Aberdeen Asset Management prove a wave of M&A in fund management is underway?
News of Standard Life’s agreement to purchase Aberdeen Asset Management has seen shares in both companies take off, with the former climbing to its highest value in over a year.
As Unilever chief executive Paul Polman pushed the potentially record-breaking $143bn approach by Kraft Heinz off the table on Friday (17 February), a knee-jerk media frenzy suggested that the vulture might continue to circle.