The number of asset management mergers and acquisitions globally rose by 22% in 2007 despite the upheaval caused by the credit crunch, according to research from advisory boutique Freeman & Co.
There were 28 deals involving investment management firms with over $10bn (â¬6.8bn) of assets, up 22% from 23 deals in 2006 and up more than double the 13 deals in 2005, according to research into financial services M&A by Freeman.
