When is a merger between fund groups ever truly successful in the eyes of advisers? Nine times out o...
When is a merger between fund groups ever truly successful in the eyes of advisers? Nine times out of 10, mergers between groups have ended up in fund manager departures and the loss of familiar brand names. The F&C and Isis deal is recent evidence of the first and the loss of well-known brands such as Hill Samuel, and more recently, Scottish Amicable, of the latter. But it is a rare takeover that actually sees a slow reversal of the original merger to the point where the acquirer is the brand that slowly disappears. The case in point here is the re-emergence of Perpetual. Sold in 2000 ...
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