Finland's AM industry likely to experience "a wave" of consolidation

"Smaller asset managers should just be bunched up together. They all do very similar kinds of things," says an industry professional to Kauppalehti daily.

Photo: Pexels: Oleg Magni.

In Finland, finance industry actors believe a wave of M&A activity will be taking place in the country’s asset management market, which is currently made up of some 90 companies, writes finance daily Kauppalehti.

The accelerated consolidation will improve the profitability of operators, but it will also allow for larger investments than before.

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