Commentary

Why asset managers need to pursue more than scale with M&A deals

Growing without a strategic purpose may not be enough for fund groups to offset headwinds, according to Hugh Elwes

Continued expansion into private markets and a cross over between asset management, wealth and insurance is likely to spur future deal activity
Continued expansion into private markets and a cross over between asset management, wealth and insurance is likely to spur future deal activity Photo: photo: Getty Images

Hugh Elwes is a managing director at investment bank Stephens

The asset management industry is in the middle of a significant transformation.

WSJ Logo
Bill Ackman’s Pro-Tennis Debut Lasted 67 MinutesExternal link

Bill Ackman’s Pro-Tennis Debut Lasted 67 Minutes