Will boutiques be forced to change tactics as M&A news dominates?

Flurry of mergers potentially puts smaller fund houses at risk

Lauren Mason
clock • 2 min read

The financial news recently has been dominated by mergers and acquisitions, with Franklin Templeton confirming a £1.3trn tie-up with Legg Mason, and Jupiter buying Merian Global Investors to run a combined £65bn.

While the combined forces of Jupiter and Merian may pale into insignificance compared to the sheer size of the Franklin Templeton/Legg Mason deal, it is worth pointing out the acquisition marks the fourth-largest M&A deal in the UK overall this year, according to data from Refinitiv. Refinitiv data also shows that last year 121 UK asset management firms partook in mergers and acquisitions, which amounted to a total value of £6.8bn. In 2018, there were 125 deals with a total value of £3.8bn. interactive investor agrees to acquire The Share Centre If M&A deals among UK asset manag...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Markets

Market Movers Blog: Dollar and US bond yields surge as Trump inches closer to victory

Market Movers Blog: Dollar and US bond yields surge as Trump inches closer to victory

Latest news and analysis

Investment Week
clock 05 November 2024 • 1 min read
Autumn Budget 24: UK stocks rally while gilt yields soar as 'questions remain' around fiscal headroom

Autumn Budget 24: UK stocks rally while gilt yields soar as 'questions remain' around fiscal headroom

Gilts reach year-to-date high

Linus Uhlig
clock 30 October 2024 • 2 min read
Autumn Budget 24: Income tax threshold freeze to be lifted in 2028/29

Autumn Budget 24: Income tax threshold freeze to be lifted in 2028/29

No extension of freeze in thresholds beyond 2028

clock 30 October 2024 • 3 min read
Trustpilot