[Report] M&A, Partnerships and Organic Growth in Asset Management, Q2 2007 TOC

Table of Contents
The Roundup
- M&A
- Partnership
- Organic Growth
The Developments
- ABN AMRO
  - Proposed acquisition of ABN AMRO by RBS, Santander, and Fortis (M&A) - May 2007
  - ABN AMRO to sell LaSalle Bank to Bank of America (M&A) - May 2007
  - ABN AMRO to acquire Taitung Business Bank in Taiwan (M&A) - June 2007
- Allianz
  - AllianzGroup subsidiaries AGF Alternative Asset Management and Allianz Hedge Fund Partners form hedge fund of funds partnership (Partnership) - April 2007
- Aviva
  - Aviva' s Delta Lloyd Group gains Cyrte Investments (M&A) - June 2007
  - Aviva company Morley starts to implement Asia-Pacific property strategy through joint venture with Mitsubishi UJF (Partnership) - April 2007
- Bank of America
  - Colonial closed-end fund management business sold by Bank of America' s investment management division (Divestment) - April 2007
  - UK expansion for Bank of America targets hedge funds (Organic growth)- June 2007
  - ABN AMRO to sell LaSalle Bank to Bank of America (Divestment) - May 2007
- Barclays
  - Sumitomo acquires Barclays Global Investors Japan (M&A) - May 2007
- Black Rock
  - BlackRock to acquire Quellos Group' s fund of funds business (M&A) - June 2007
- BNP Paribas
  - BNP Paribas and National Bank of Canada offer hedge fund accounts in a joint venture (Partnership) - May 2007
  - Saudi Investment Bank and BNP Paribas to collaborate on asset management (Partnership) - April 2007
- Citigroup
  - Citibank launches Citi Infrastructure Investors (Organic growth) - May 2007
  - Citibank and Allianz partner to bring new mutual funds to the Hungarian market (Partnership) - May 2007
- Credit Agricole
  - Crédit Agricole Asset Management reaffirms Italian strategy (Organic growth) - June 2007
- Credit Suisse
  - Credit Suisse extends its presence in Ukraine, and Kazakhstan (Organic growth) - June 2007
- Fortis
  - Fortis, Santander and Royal Bank of Scotland announce offer for ABN AMRO (M&A) - April 07
  - Fortis finalizes the acquisition of Captive Finance Limited (M&A) - April 2007
  - Fortis and Sinosure sign business cooperation agreement (Partnership) - June 2007
- Franklin Templeton
  - China Life Group and Franklin Templeton Investments announce opening of joint venture asset management company (Partnership) - June 2007
- GroupAMA
  - Group AMA acquires majority stake in the Bollington Group (M&A) - June 2007
- HBOS
  - Bank of Scotland announces joint venture with Bear Stearns to invest in European mezzanine funds (Partnership) - May 2007
- HSBC
  - Hang Seng Bank has locally-incorporated subsidiary in mainland China (Organic growth) - May 2007
  - HSBC launches operations throughout mainland China (Organic growth) - April 2007
- ING
  - ING agreement to sell Regio Bank (Divestment) - May 2007
  - ING Direct to launch operations in Japan (Organic growth) - May 2007
  - ING to acquire Landmark Investment Management (M&A) - June 2007
  - ING slims down its operations (Divestment) - June 2007
  - ING to acquire Oyak Bank (M&A) - June 2007
- Intesa Sanpaolo
  - Intesa Sanpaolo announce negotiations for the sale of Biverbanca (Divestment) - May 2007
  - Intesa Sanpaolo Contributes 173 Branches to Cariparma (Divestment) - June 2007
- JP Morgan Chase
  - JP Morgan Fund Services increases operations in Boston (Organic growth) - April 2007
  - Investor Group to Purchase SLM Corporation (M&A) - April 2007
  - JPMorgan Chase to Acquire Xign (M&A) - April 2007
  - JP Morgan Launches Private Equity Fund Services in UK (Organic growth)- May 2007
- KBC
  - KBC acquires Equitas (M&A) - April 2007
  - KBC acquires a majority state in Absolut Bank (M&A) - April 2007
  - KBC Securities Announces Acquisition of Swiss Capital (Romania) (M&A) - April 2007
  - KBC acquires majority stake in Liontamer (New Zealand) (M&A) - March 2007
  - KBC finalizes acquisition of A Banka (Serbia) (M&A) - June 2007
  - KBC acquires a majority stake in Baltic Investment Company (M&A) - July 2007
- Mellon Financial Corp.
  - Mellon Financial to provide managed accounts outsourcing for Bear Stearns (Partnerships) - April 2007
  - Mellon to provide services for ABN AMRO' s UCITS III Funds (Partnership) - May 2007
  - Merger of Bank of New York and Mellon Financial Approved (M&A)- June 2007
- Merrill Lynch
  - Merrill Lynch announces minority investment in GSO Capital Partners (M&A) - May 2007
  - Merrill Lynch announces acquisition of minority stake in Sterling Stamos Capital Management (M&A) - May 2007
  - Merrill Lynch gains license to operate in Saudi Arabia and opens new regional headquarters (Organic growth) - June 2007
- Morgan Stanley
  - Morgan Stanley apply for license to operate in Egypt (Organic growth) - May 2007
- Old Mutual
  - SkandiaBanken sells Denmark Branch (M&A) - May 07
- Prudential Financial
  - Prudential Real Estate Investors enter Alliance with Industrial Global Solutions de México, S.A. de C.V. (Partnership) - May 07
  - Prudential Financial launches Investment Products Bank in Mexico (Organic Growth) - June 07
- Prudential plc
  - Prudential plc to become largest shareholder in new Takaful Ta' awuni life insurance operation in Saudi Arabia (M&A) - June 07
- Rabobank
  - Rabobank to Acquire HNS Banco (M&A) - April 07
- Sal. Oppenheim
  - Sal. Oppenheim forms a joint venture with Compagnie Nationale Portefeuille / Nationale Portefeuille Maatschappij (Partnership) - April 07
  - Sal. Oppenheim acquires a stake in US based Miller Buckfire (M&A) - April 07
  - Sal. Oppenheim acquires a stake in UK based GLG Partners (M&A) - June 07
  - Sal. Oppenheim takes full ownership of Oppenheim Pramerica (M&A) - June 07
- Santander
  - Fortis, Santander and Royal Bank of Scotland announce offer for ABN AMRO (M&A) - April 07
- SEB
  - SEB to open an office in New Delhi, India (Organic Growth) - May 07
- Sociéte Générale
  - Sociéte Générale acquires Albanian Banka Popullore (M&A) - April 07
  - Sociéte Générale to create subsidiary in Vietnam (Organic Growth) - May 07
  - Sociéte Générale Asset Management increases its share in Chinese joint-venture Fortune SGAM (M&A) - June 07
- UBS
  - UBS sells its stake in Julius Baer (M&A) - June 07
- UniCredit
  - UniCredit and Capitalia to Merge (M&A) - May 07
  - UniCredit' s Bank Austria Creditanstalt AG acquire stake in the International Moscow Bank (M&A) - June 07
  - UniCredit' s Bank Austria Creditanstalt AG acquire majority stake in JSC ATF Bank (M&A) - June 07
APPENDIX
- Methodology
- Further reading
- Ask the analyst
- Datamonitor consulting
- Disclaimer

M&A, Partnerships and Organic Growth in Asset Management, Q2 2007

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