M&A activity may begin to recover sooner than expected

The drive to consolidation has been part of the narrative for asset managers over the last few years, driven by the need to diversify the portfolio to counter competition both from new tech entrants and more niche/agile asset managers, or simply to fill a gap in the portfolio. The pandemic provides additional challenges but also an opportunity for the industry to look at tactical acquisitions as well as address some of the more long term operational efficiency issues through more strategic options. Here we take a look at some of the drivers and constraints for M&A in the sector and offer the industry with some insights into why M&A will continue to play a role as we navigate through these opportunistic times.

Read the full article