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Asset managers eye M&A deal surge over next 24 months
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Almost three-quarters of global asset managers are considering a merger over the next two years, with soaring inflation, market volatility and a rapid shift to digital distribution posing a threat to those that fail to adapt to the new market landscape.
According to a PwC survey of 250 asset managers, 73% are considering consolidating with rival firms over the next 12 to 24 months to gain access to new market segments, reduce competition and mitigate risks.
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