Strategy shifts in asset-management deals, report finds

08/24/2009 | Reuters

Global asset-management deals will be driven by growth, opposed to survival, during the next 12 months, according to a report by Jefferies Putnam Lovell. "People feel that the worst is now past us. With the clouds parting and a bit of sunshine, groups are starting to again think more strategically," said Aaron Dorr, a managing director at Jefferies Putnam Lovell.

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