The asset management arms of Deutsche Bank and UBS are in serious talks over a potential merger which would create a new European fund management giant with assets under management (AUM) of €1.4trn, according to reports.
The FT reports that discussions about a potential deal have been going on "for a couple of months", according to a person close to the situation. If the deal is successful, the new group would become...
Granted leave to appeal the judgement
All managers will move to Charles Stanley
£105,000 worse off
'Gap between value and price as wide as I have ever seen'
Completion in 3 minutes
Retail investors set to be restricted initially
The fact that emotions can so significantly impact investment decisions means the issue is becoming ever more important for advisers