TITLE

Expansion to Fuel Asset Management M&A

AUTHOR(S)
Holman, Kelly
PUB. DATE
August 2009
SOURCE
Mergers & Acquisitions Report;8/31/2009, Vol. 22 Issue 35, p2
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses a report by Jefferies Putnam Lovell which reveals that strategic expansion purchases and corporate divestitures will drive the mergers & acquisitions (M&A) business of Wall Street for asset management companies. Other factors aside from raising capital which would motivate company sellers include product diversification and retiring owners seeking liquidity. It explains why Jefferies Putnam expects deals involving clearing houses and electronic trading to dominate the M&A business.
ACCESSION #
44148574

 

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