TEK2day

Operating at the Intersection of Technology and the Capital Markets

Tag: depository institutions

  • Consolidation Will Not Save Asset Managers

    Mass Mutual and Athene made a bid for American Equity Investment Life. Activist Trian took stakes in Invesco and Janus in an effort to build one of the largest Asset Managers. M&A is a quick way to scale AUM, but it does not change the paradigm for legacy Asset Managers. Legacy Asset Managers (and depository…