Is Consolidation the Future for the Active Management Industry?
November 12, 2020 at 10:21 AM EST
Last month, it was revealed Morgan Stanley (NYSE: MS) is doling out $7 billion to acquire Eaton Vance (NYSE: EV), a company with deep roots in the actively managed mutual funds category. That could be a sign of things to come, according to some market observers. While it doesn’t have immediate or...