The Outlook: Money Manager M&A in 2009
The recent record-setting pace of money management M&A was derailed by the market implosion of 2008, leaving money managers playing defense and buyers - both financial and strategic - struggling to value potential acquisition targets in a market where benchmark indexes have moved 10% in a single day.
Will the dust settle enough during the coming year to permit the deer to escape from the headlights' glare? Will wounded financial conglomerates continue to hive off their money management arms? Will alternatives firms once again find themselves objects of desire, or are they looking decidedly less attractive - nice personalities be damned? Will IPOs remain dead? MBOs triumphant?
Our panel of experts will discuss these and other critical issues and answer participants' questions.
Featured Panelists & Moderator
| Aaron Dorr Managing Director Jefferies Putnam Lovell, A division of Jefferies & Company, Inc | |
| David Heaton Managing Director, Head of Global Asset Management Investment Banking Merrill Lynch & Co. | |
| Moderator:
Greg Crawford Online Editor Pensions & Investments |
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Webcasts
Tuesday, November 9, 2009
Cynthia Steer of Rogers Casey and George Hoguet from SSGA discuss the new asset class of choice - Emerging Markets
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Fresh Thinking on Alternatives
Join Northern Trust experts in a conversation about monitoring and managing alternative asset risk in the context of today's market volatility and challenging liquidity environment.
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Strategic Considerations for Securities Lending Programs
December 2, 2009 - 2:00 pm - 3:00 pm EST
Securities lending has emerged from the credit crisis with renewed focus on transparency and risk. Following increased review by regulators, the industry is preparing for further changes.
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Searches & Hires
- Oklahoma PERS to seek TIPS manager
- FRR picks 6 to run €4 billion in bonds
- North Carolina eyes in-state private equity investment
Face to Face
Working the angles: Face to face with Roger Gray
The new CIO of USS discusses his plan to boost the pension fund's allocation to hedge funds and other alternative investments, taking cash out of public equities to fund the move to a "more liability-aware stance and a more diversified asset allocation."
Research
- Hedge fund managed accounts – is the debate on the right track?
- When should a nonprofit with an endowment borrow long-term?
- A new framework for monitoring real estate investments
- Mutual fund boards and best practices in securities lending
- The return of converts?
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