Dexia fund arm sale suffers setback

The acquisition of Dexia Asset Management by private equity firm GCS Capital seems to stumble says Ignite. This looks like a déjà vu: Deutsche Bank wasn't able to sell its fund admin arm to Guggenheim. Other deals did materialize, e.g.: BlackRock acquired Credit Suisse’s ETF business and Orix Corporation closed on Robeco, Rabobank's fund business.

Fund management: Wasting assets

This very interesting article shows the dynamic of the fund management market world wide, references to the latest acquisition - Blackrock purchases Barclays Global Investors (BGI) - and also gives an outlook of what may come. A must-read for everybody in the industry!