MutualFundWire.com: Stock Strategist Says BlackRock-BGI Deal Ups the M&A Ante
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
Back to Top