Investment Week readers are split on whether the growing trend for consolidation is a positive for the asset management industry, with respondents to our recent Pulse survey warning deals could lead to "culture clashes" and reduced competition, but may also benefit clients.
The industry has seen some huge tie-ups recently, including Henderson Global Investors merging with US firm Janus Capital to form Janus Henderson Investors, with AUM of $320bn. Aberdeen Asset Management...
AUM growth of 19% in first half of 2018
Move to improve access to institutional managers without a retail fund
Launching fund end of 2018
Purchased for undisclosed sum