New Model Adviser - For professional financial planners

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

UBS and Deutsche in asset management merger talks

Asset management giants UBS and Deutsche Bank are in talks about a possible merger, according to the Financial Times

UBS and Deutsche in asset management merger talks

Asset management giants UBS and Deutsche Bank are in talks about a possible merger. 

The two companies are in 'serious' talks about a deal that would create one of Europe's largest investment companies with more than £1 trillion of assets, the Financial Times reports. 

A source close to the talks told the Financial Times that discussions about a merger have been ongoing for a couple of months. 

No arrangement has been agreed but one potential deal under discussion would involve UBS selling its £700 billion asset management business to Deutsche Bank in exchange for shares in the larger business. UBS Asset Management would then become part ofDWS, the asset management arm of Deutsche. 

If a deal is agreed the two companies will follow in the footsteps of asset management rivals including Janus and Henderson and Standard Life and Aberdeen. Analysts have predicted further deals are likely this year as larger companies such as Vanguard and BlackRock have been handed a competitive advantage in recent years. 

However sources cautioned the Financial Times that no deal has yet been reached and no announcement is imminent. 

Share this story

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
More Content
7277.73 + 47 0.65% 04:35
More Content
More Content

BUSINESS

Adviser Profile: Nicky Wright and Barry Greening of Clear Financial Advice

Adviser Profile: Nicky Wright and Barry Greening of Clear Financial Advice

Nicky Wright has helped Barry Greening overcome personal adversity to transform Clear Financial Advice into a firm that makes the most of its employees’ varied skills

ADVICE

22 Comments Active Wealth (UK) collapse leaves £500k PI mystery

Active Wealth (UK) collapse leaves £500k PI mystery

Our investigation into the collapse of a firm at the centre of the British Steel pension transfer scandal reveals significant holes in the professional indemnity insurance system

twitter_banner

INVESTMENT