Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

The CEO tapes: when an acquisition 'makes sense'

Are we relevant to our clients? This is the question one of the top four asset management CEOs ask in the seventh instalment of our series. 

Merger activity may be driven by an urge to stay relevant, according to Investec's Hendrik du Toit. On the other hand, competition with companies across the US is another factor driving acquisitions, says Martin Gilbert, CEO of Aberdeen. 

In another lively discussion held at Citywire’s London HQ and chaired by Citywire executive chairman Lawrence Lever, the CEOs discuss why asset managers need scale and the factors that will drive it. 

The four CEOs were: 

·         Martin Gilbert, Aberdeen Asset Management

·         Richard Buxton, Old Mutual Global Investors

·         Anne Richards, M&G Investments

·         Hendrik du Toit, Investec Asset Management 

You can see other videos in the series below

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Your Business: Cover Star Club

Profile: Affinity’s Julia Warrander on the importance of diversity

1 Comment Profile: Affinity’s Julia Warrander on the importance of diversity

'Sometimes there are 10, sometimes 20 people around a table and, more often than not, I’m the only woman,' says the Affinity Wealth co-chief investment officer

Wealth Manager on Twitter