Financial group fund units could lead regional M&A

Further mergers and acquisitions (M&A) among asset management companies in Asia could focus on smaller asset management units owned by financial services groups such as insurers, banks and securities businesses, say consultants and salespeople. In addition they believe large asset managers could inreasingly look to snap up boutiques to fill product spaces in which they are weak.  The potential for financial groups to divest themselves of their asset management units is espec…