Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:And the Leading DWS Bidders Are  Not Rated 2.0 Email Routing List Email & Route  Print Print
Thursday, February 23, 2012

And the Leading DWS Bidders Are

News summary by MFWire's editors

Who's going to snap up DWS Investments [profile] here in the U.S.? Douglas Appell of Pensions & Investments reports that, according to unnamed bankers, Claymore and Rydex acquirer Guggenheim Partners [profile] and Delaware [profile] acquirer Macquarie led the pack as of Friday, with Putnam parent Power Financial trailing.

Last week Reuters put Guggenheim and Macquarie, along with Columbia parent Ameriprise and with State Street, on the shortlist in the auction, which includes all of Deutsche Bank's global asset management business, minus the Asian and European mutual fund arms [see MFWire.com, 2/14/2012].

P&I says Power may have fallen behind because its focusing on just the American piece of DWS, while Guggenheim and Macquarie are both bidding for the whole shebang, which also includes institutional, insurance and real estate asset management businesses.

Yet the trade pub isn't counting Power and Putnam out of the running just yet. The article offers a look at what a DWS deal would mean for Putnam chief Bob Reynolds and his team. 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

2.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2018: Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2018
40 Wall Street | 28th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use