Asset / Wealth Management -
Current market:
Consistently high M&A activity levels -
We are seeing:
Europe’s barbell becomes more pronounced—larger asset / wealth managers swallow smaller competitors at pace:
- Larger deals remain rare (e.g., Altor’s acquisition of Mandatum)
- Medium-sized deals—UK retains its crown for consolidation activity (e.g., LGT’s acquisition of abrdn Capital as well as abrdn Smaller Companies Income Trust & Shires Income merger)
- Smaller deals—France replaces the UK as the European hotspot of consolidation activity (>5 French AWM consolidation deals)
Please see full publication below for more information.
