It was perhaps obvious that news of the recommended merger between Aberdeen Asset Management and Standard Life would spark a wave of anxiety about more job losses.
Announced managed separation in March
A decade or so ago, when this column started, I wrote that Henderson was a business which would either be bought, or would have to buy, in order to survive and prosper in the 21st Century global asset management industry.
Announced managed separation in March
Mergers and acquisitions among wealth management firms, especially those with less than £5bn in AUM, are set to increase and could even beat the record number of transactions witnessed in 2015, as a tougher regulatory backdrop and Brexit uncertainty exert...