Consolidation firmly takes hold as scale takes centre stage
Asset and wealth managers have entered 2021 after a stressful year dealing with COVID-19’s many shocks and aftereffects. As executives responded to significant market disruptions, an underlying industry theme around building assets under management (AUM) scale through partnerships and M&A activity took a firm hold.
Firms looked to grow AUM quickly by sealing new partnerships and exploring M&A options. We observed a flurry of transactions and restructurings in the sector, with several large transactions announced. Asset and wealth managers accelerated their focus towards defining and moving towards a new target operating model, one where scale ambitions plays a central role.
A&M’s Financial Services team’s latest report analysis how asset and wealth managers have accelerated a drive towards scale, making the year 2020 the beginning of a significant consolidation cycle.
Bank Deregulation Primer - May 2026
May 26, 2026
In October 2025, we published our first edition of the Bank Deregulation Primer focused on capital deregulation proposals for the top 19 global banks and their pro forma impact. In the second edition of our Bank Deregulation Primer, we now assess the latest wave of regulatory developments and their implications.
Into the High-Net-Worth Groove: Strategic Imperatives for Insurance Companies in Asia
May 22, 2026
Asia and the Middle East are seeing a convergence – where wealth mobility, geopolitical realignment, and generational transition intersect. For insurance companies, private banks and financial advisors in or serving Asia, this dynamic presents a dual opportunity.
If Everyone Builds, Who Owns the Seams? Governing AI with Managed Composability
May 21, 2026
AI has reduced friction from building software. However, governance within capital markets has not moved with it.
The TPA Reckoning: 24 Months To Reveal Who Remains Relevant in an AI Native Market
May 19, 2026
The next 24 months will decide which third-party administrators (TPA) still matter in an AI-native market. The playbook that built today’s leaders will not build the next decade’s winners.
