M&A SOS: Can active fund managers buy their way back to absolute return glory?

Questioning the need for mergers

Varghese Thomas of TradingScreen

Varghese Thomas of TradingScreen

With central banks showing little appetite to shift away from ultra-low rates and continuous quantitative easing (QE), asset managers have been on the acquisition hunt to beef up revenues to appease disgruntled investors.

From Morgan Stanley's acquisition of ESG friendly Eaton Vance to Franklin Templeton's purchase of Legg Mason and Ares Management's proposed takeover of AMP, this flurry of deal-making begs the question: does boosting revenues through M&A really address the longstanding challenge of delivering absolute returns for investors? Let's face it, the current investment environment is testing even the best and the brightest active asset managers' ability to beat the markets. Paying the price of recovery: Could the Bank of England be the first to raise rates? According to the latest bi-annua...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Funds

Alex Wright of Fidelity International

Fidelity's Alex Wright: People have misunderstood OMV Russia exposure

'Sentiment is overly pessimistic'

clock 23 June 2022 • 3 min read
Equity funds managed to stay in positive territory with €2.9bn of new net subscriptions

Morningstar: European fixed income funds suffer €16.5bn net outflows in May

Equity funds remained in positive territory

clock 23 June 2022 • 1 min read
Liontrust Asset Management chief executive John Ions urged for long-term focus amid short-term volatility

Liontrust boasts 41% revenue increase in face of 'challenging period short term'

Majedie acquisition added £5.2bn value

clock 22 June 2022 • 2 min read