Family offices in Singapore are increasingly being forced to share operational resources or merge with other family offices, amid rising cost and regulatory pressures.
Funds houses are acquiring niche players in order to cover weaknesses in alternatives, which is the industry’s largest revenue pool, and as ESG's importance grows.
Given regional fragmentation and toppy prices, wealth managers have grown cautious over Asia M&A. That will see valuations settle and lead to tailored consolidation, finds Scorpio Partnership.
Cash-rich European corporates are likely to seek acquisitions, which could drive up the stock prices of target firms, says the CIO of Edmond de Rothschild Asset Management.
MalaysiaÆs Securities Commission grants Goldman Sachs licenses for fund management and corporate finance.