Asset Management

Buyside weighs up acquisition spree

State Street survey finds 95% of fund managers see 'positive scope' for acquisitions

Friday 17 July 2015 at 14:43

Santander Asset Management merged with Pioneer Investments earlier this year
Santander Asset Management merged with Pioneer Investments earlier this year

Fund managers are ramping up their interest in acquisitions, a survey has found, adding to the growing body of evidence that the buyside is poised to loosen its M&A purse strings.

According to the report from State Street, investment firms class acquisitions as the top source of opportunity - ahead of the likes of entering new markets and expanding distribution. State Street surveyed 400 senior asset management professionals.