Asset firms to resume client hunt
China Daily | Updated: 2009-08-25 08:08
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Divestitures, such as Barclays Plc's sale of its Barclays Global Investors unit to BlackRock Inc, accounted for more than half of all transactions for the first time in five years. Bloomberg News |
NEW YORK: Growth, rather than survival, is likely to be the new driver of global asset management deals over the next 12 months, a Jefferies Putnam Lovell report predicts.
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