News

Urge to merge questioned

Friday 14th of December 2001
Firms buying asset managers are paying too much for less profitable firms, and in most cases their new subsidiaries wind up growing more slowly than their peers, according to the latest report from international consulting group Cerulli.

In its latest report, Targeted Perspective: M&A in Global Asset Management, Cerulli examines asset-gathering strategies used by the larges...

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