PIMCO's Dawson and Blute: We see asset management M&A as a chance to bring talent to PIMCO

M&A increasing industry trend

Tom Eckett talks to PIMCO's head of EMEA Craig Dawson and its head of global wealth management and product management Ryan Blute about regulatory headwinds, Brexit and expanding the firm's fixed income reach.

PIMCO's Craig Dawson and Ryan Blute have highlighted the growing challenges of running an asset management firm today, citing mounting regulation, the need for scale and the macroeconomic environment as constant pressures. Dawson, head of EMEA and member of the executive committee, and Blute, head of global wealth management and product management, believe the huge amount of resources being applied towards regulation and understanding the end customer mean many sub-scale firms will struggle in this environment, fuelling continued consolidation within the industry. In particular, Dawso...