With asset managers' profit margins increasingly under pressure as fees fall and costs and client expectations rise, more industry consolidation is surely coming. But how quickly?
Speculation is swirling about Prudential's plans for its Asian asset management arm after it parted ways with three top executives. AsianInvestor outlines various potential outcomes.
Amid the industry-wide criticisms being levelled at the Australian superannuation industry are claims that both funds and super players need to merge together. It won't be easy.
Further fund manager consolidation could focus on asset management arms of life insurers that have been affected by new risk based capital rules.
A combination of factors are squeezing the margins of asset managers, and leading more to consider mergers to cut costs and attract more investors.
Natixis's acquisition of MV Credit shows how asset managers are bulking up their private market capabilities as investor demand grows for non-traditional, higher-yielding assets.