MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, September 21, 2009 Stock Strategist Says BlackRock-BGI Deal Ups the M&A Ante Greggory Warren, a stock strategist for Morningstar.com, says that the pressure may be on the bottom half of the top ten fund firms to bulk up. Warren writes that BONY-Mellon, Goldman Sachs, PIMCO, Legg Mason and Northern Trust may feel the need to expand product lines and AUM in the wake of the BlackRock-BGI mega deal. The top five asset managers; BlackRock-BGI, State Street Global Advisors, Fidelity Investments, Vanguard Group, and JP Morgan, manage more than $8 trillion in AUM. Warren also gives a rundown of past deals and the strategic motivations behind them. Printed from: MFWire.com/story.asp?s=22677 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |