The process is at an early stage, and there is no certainty that a transaction will take place. The review comes as the firm's investment management division oversees $93.5bn in assets, having grown modestly over the past year. Across the market, European asset managers are increasingly pursuing partnerships and consolidation strategies to compete with larger US peers and address fee pressure from passive investment products. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today.
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