Funds Hub
Money managers under the microscope
Morning Line-Up: Carlyle, Chinese Stocks, Prudential Inc
News and views on the asset management industry from Reuters and elsewhere:
Carlyle acquires Dutch fund of funds – FT
International funds move into Chinese stocks – Wall Street Journal
from DealZone:
Goldman’s Viniar: Why pay twice?
Turns out Goldman Sachs is a staunch advocate of going organic -- when it comes to the money management business.
As Barclays auctioned off its Barclays Global Investors unit this year, Goldman was widely seen as a likely acquirer. That is until Blackrock In under Larry Fink emerged as the buyer with a $13.5 billion deal.
