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UK fund manager M&A hits record in 2022 as battle for scale rages
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Asset managers looking to expand their investment ranges and build scale drove UK M&A activity to a record last year.
According to figures from Refinitiv provided exclusively to Financial News, 192 deals were struck involving UK fund houses in 2022, the highest number since its records began more than 40 years ago.
The combined $6.7bn value...
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