JV yes, acquire no: fund management report
Global fund managers in Asia are relatively less keen on acquisitions, but worried about risk management, says PwC.
PricewaterhouseCoopers has completed a global investment management survey that finds relatively few fund management companies pursuing acquisitions in Asia. About 30% of houses surveyed in Asia indicated they were likely to make acquisitions. That is rather low by global standards: 50% of European respondents and nearly 85% of North American respondents are bent on growth via acquisition.
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