Consolidation to continue

Consolidation and globalisation continue to reshape the structure of the global fund industry, according to delegates at the Fund Forum. However, while many believed consolidation would continue, they felt it did not offer additional value to the investor. According to 79.1% of delegates, the recent merger between Merrill Lynch/BlackRock indicated a trend for international development. But, when asked whether scale really worked by adding value to investors, 61.5% of delegates disagreed. Some 32.3% said the increase in alternative asset classes, would be the biggest opportunity for the f...