EUROPE - Increased focus on higher returns could lead to more M&A activity among asset managers as they seek to re-evaluate their strategies through disposal of non-core activities or shore up core activities through acquisitions, a new report by PricewaterhouseCoopers (PwC) has said.
The PwC report on the review and outlook for M&A in the European financial services market said that the pressure on traditional European institutional players has been driven by the increased focu...
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