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ARTICLE · 08 MARCH 2019

Asset And Wealth Management M&A Activities In 2018 And Beyond

Merger and acquisition activities in 2018 in the asset and wealth management sector logged a total of 140 deals, up 5% from last year.

CanadaWealth Management

Merger and acquisition activities in 2018 in the asset and wealth management sector logged a total of 140 deals, up 5% from last year. According to an overview published by PwC, the total announced value of the M&A deals was US$14.9 billion, which represented a year-over-year increase up 72% – the highest percentage increase since 2009. Interestingly, almost 40% of deals in this sector were made during the last quarter of 2018, totalling US$9.9 billion in deal value. Specifically, there were three mega-deals that exceeded US$1 billion during the fourth quarter. With respect to deal volume, the fourth quarter of 2018 also saw more than twice as many deals than in the third quarter.

There were several drivers behind the growth in M&A activities in the asset and wealth management sector in 2018, many of which will continue to play a role in 2019. Firstly, it is estimated that there are over 10,000 mutual funds and ETFs in the U.S.. In such a crowded space, asset managers

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