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Asset Management Competitor Tracker, Q1 2009 Product Image

Asset Management Competitor Tracker, Q1 2009

  • Published: May 2009
  • 38 pages
  • Datamonitor

This monthly tracker covers product innovation, customer targeting, M&A, partnerships and organic growth activity globally in the asset management space.
- Track the strategic developments announced by your key competitors.

- Assess which geographies and strategic areas are seeing the most activity.

Overview
Catalyst
Summary
Methodology

Table of figures
Table of tables
Introduction
The Asset Management Competitor Tracker provides both one month and 12 month views of developments
Each quarter, Datamonitor tracks the most relevant announcements from 49 competitors
Datamonitors Asset Management Team provides analysis of the key developments
A fully searchable database of the past 12 months of developments is also delivered alongside the report
Key trends and developments in Q1 2009
The asset management industry is still reeling from the events of Q4 2008 and developments remain low, but they are no longer dominated by M&A
Q1 2009 registered 46 competitor developments
Activity in M&A, organic growth and partnerships has now been matched by product innovation
The asset management industry continues to be in turmoil and companies are focusing on ensuring their core strength
Europe-based M&A, partnership and organic growth deals have driven competitor activity
Key organic growth developments in Q1 2009
Europe was also a major player in the limited M&A and partnership activity in Q1
Key partnership activity in Q1 2009
M&A-based development has contracted drastically in Q1 2009
M&A developments in Q1
Competitor activity has dropped across the board, with large international deals becoming more important
Product innovations and customer targeting comprised the majority of competitor activity at the beginning of 2008, and have made a comeback
Although customer targeting is almost non-existent there are some prevalent areas within product innovation
Product innovation and customer targeting
Aviva
Aviva launches a new scheme for savers to invest in the volatile financial markets - January 09
Aviva allows cash converters to invest into other asset classes and funds - February 09
Delta Lloyd expands range of funds for unit-linked products - January 09
Bank of New York Mellon
BNY Mellon launches BNY Mellon Cash Investment Strategies - January 09
Mellon Capital Management launches long bond strategy - February 09
BNY Mellon Asset Management launches two new investment products - February 2009
The Bank of New York Mellon Launches Euro-Pacific Select ADR Index - March 09
BNP Paribas
BNP Paribas Assurance creates three socially responsible investing funds - March 2009
Citigroup
Krung Thai Asset Management and Citi Thailand launch a new foreign investment fund - January 2009
Credit Agricole
Credit Agricole Structured Asset Management launches CASAM ETF EONIA - March 2009
Credit Agricole Structured Asset Management launches 11 new ETFs - March 2009
Credit Suisse
Credit Suisse/Tremont launches an enhanced Chinese version of its website - March 2009
Credit Suisse Fund Global Responsible Equities launches a new fund - March 2009
Deutsche Bank
Deutsche Bank launched a new fund in the commodity space - January 09
Deutsche Bank launches Sharia compliant issuance platform - January 09
Deutsche Bank launches an ETF on hedge funds - March 09
Invesco
Invesco announces the launch of Invesco Perpetual Global Equity Income Fund - January 09
Invesco PowerShares to launch non-agency mortgage-backed securities ETFs - January 09
JP Morgan Chase
JP Morgan launches new tool to help investors - March 09
Morgan Stanley
Morgan Stanley Global Infrastructure Fund reopened to new investors - January 09
Old Mutual
Gilt Fund is now known as Old Mutual Bond Fund - March 09
Prudential PLC
Prudential launches special offer on onshore bonds - January 09
State Street
State Street introduces automated solution to manage fund expenses- March 09
M&A, partnerships and organic growth
Allianz
Banking business in Germany reorganized - February 09
Bank of New York Mellon
Grail Advisors ETF Trust appoints BNY Mellon Asset Servicing to provide services - January 09
BNY Mellon Asset Management opens new office in France - March 09
The Bank of New York Mellon completes acquisition of JPMorgan Trust Bank in Japan - March 09
BNP Paribas
BNP Paribas and Henderson Group enter into a new partnership - February 09
BNP Paribas launches an asset management venture with Northern Lights - February 09
New terms governing the acquisition of Fortiss activities - March 09
Citigroup
Citibank to segregate its business - January 09
Commerzbank
Closure of Dresdner bank takeover - January 09
Crédit Agricole
Crédit Agricole and Société Générale to combine their asset management business - January 09
EDHEC and CASAM partner a research chair on the use of ETFs - March 09
Franklin Templeton
Franklin Templeton opens office in Malaysia - February 09
Franklin Templeton launches an asset management company in Mexico - February 09
Franklin Templeton strengthens relationship with Algebra Capital - March 09
ING
Delisting of ING from Paris, Frankfurt and Swiss stock exchanges - January 09
ING completes the sale of its stake in ING Canada - February 09
Merrill Lynch
Bank of America completes Merrill Lynch purchase - January 09
Goldman Sachs
Goldman Sachs announces new share lock-up commitment with ICBC - March 09
JP Morgan Chase
Water Street Healthcare Partners appoints JP Morgan for private equity fund administration - March 09
Old Mutual
Old Mutual Bermuda closing to new business - March 09
Old Mutual South Africa to buy financial advisory group Acsis - March 09
Sal Oppenheim
Sal Oppenheim business is reorganized - February 09
APPENDIX
Methodology
Further reading
Ask the analyst
Datamonitor consulting
Disclaimer
List of Tables
Table 1: The 49 companies covered by Datamonitors Asset Management Competitor Tracker
List of Figures
Figure 1: Competitor developments remain low in Q1 2009
Figure 2: Competitor developments are extremely low, but the split between them is now more even than in the last six months of 2008
Figure 3: M&A activity fell drastically in Q1 2009, while organic growth (or often contraction) became more prevalent than in Q4 2008
Figure 4: Europe maintains its dominance in M&A, partnership and organic growth based activity in Q1 2009
Figure 5: There has been an increase in the number of international developments, as large firms adjust to the financial crisis
Figure 6: Customer targeting dries up and product innovation levels remain low
Figure 7: A lot of innovation is currently taking place in ETFs

Note: Product cover images may vary from those shown

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