PricewaterhouseCoopers has completed a global investment management survey that finds relatively few fund management companies pursuing acquisitions in Asia. About 30% of houses surveyed in Asia indicated they were likely to make acquisitions. That is rather low by global standards 50% of European respondents and nearly 85% of North American respondents are bent on growth via acquisition.
PwC interviewed the CEOs or CFOs of 71 global fund management companies with a combined asset size of $6.6 trillion. Roughly a third of these firms had AUM of more than $50 billion, and another third had AUM of $10-50 billion. Of the 71, 27 came from Asia, comprising of Australia, Hong...