Amundi set 1trn AUM target by 2016
French asset manager Amundi is looking at picking up smaller rivals across the continent.
M&A
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Old Mutual buys Intrinsic 11pc profit hike
Old Mutual Wealth to buy Intrinsic, subject to FCA approval while reporting 11% hike in annual profits.
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Is MandA hype the real deal
Cash-rich companies are helping fuel the current rounds of M&A activity though there are still plenty of questions that need to be asked before diving in too early.
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RLAM Cholwill M and A will soar
RLAM’s Cholwill has predicted a pick-up in M&A as mega caps face stagnant growth prospects.
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global MandA slide European equities benefit
Equity markets may have reached their pre-crisis levels but M&A activity is still woefully short of its 2007 level - 2013 was an appalling year - but continued global economic recovery is a huge positive for future M&A activity.
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Asset managers to merge funds not companies
European asset managers are set to rationalise their fund ranges further, but at a corporate level a widespread M&A spree is unlikely.
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Benefits of China ending IPO ban
Now the global economy is showing signs of sustainability to the post-financial crisis recovery, so too is the private equity industry.
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Jupiter looking to sell private client arm
An unsolicited bid has prompted Jupiter to consider selling its private client business.
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pa analysis 2013 wm consolidation 2014
Wealth managers have polarised into two distinct categories during 2013: those who believe a regional presence is vital and those who have chosen to consolidate into a few key cities.
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Bellpenny picks up MGW in 13th deal
Bellpenny has purchased Glasgow-based wealth manager MGW for an undisclosed sum as it continues along its acquisition trail.
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Permira in final talks with Deutsche over Tilney
Buyout talks between private equity group Permira and Deutsche Bank over its Tilney assets are thought to be nearing their final stage.
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Bellpenny bn aum acquisition
Serial IFA acquisitor and wealth management group Bellpenny has completed the acquisition of Newbury-based IFA Meridan Park Associates, bringing its total funds under management to £1bn.