The financial news recently has been dominated by mergers and acquisitions, with Franklin Templeton confirming a £1.3trn tie-up with Legg Mason, and Jupiter buying Merian Global Investors to run a combined £65bn.
While the combined forces of Jupiter and Merian may pale into insignificance compared to the sheer size of the Franklin Templeton/Legg Mason deal, it is worth pointing out the acquisition marks the fourth-largest M&A deal in the UK overall this year, according to data from Refinitiv. Refinitiv data also shows that last year 121 UK asset management firms partook in mergers and acquisitions, which amounted to a total value of £6.8bn. In 2018, there were 125 deals with a total value of £3.8bn. interactive investor agrees to acquire The Share Centre If M&A deals among UK asset manag...
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