Asset managers are about to prey on each other, with many forecasting a wave of M&A. Jörg Ambrosius, head of asset management servicing for Europe at State Street, tells John Authers that many mid-sized asset managers will be squeezed out.
Asset Managers M&A Approaching?
DG Value Adds 23.7% In 2020, Plans New SPAC Fund
Dov Gertzulin's DG Value Funds returned approximately 19.2% in the quarter ending December 31, 2020, according to a copy of the hedge fund's full-year 2020 letter to investors, a copy of which ValueWalk has been able to review. Following the fourth-quarter performance, DG's flagship value strategy ended 2020 with a positive return of 23.7%. That Read More