JV yes, acquire no: fund management report

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 s…