GLOBAL - Mergers and acquisitions (M&A) involving managers of alternative strategies grew to a record 50% of all global asset management transactions in the first quarter, data by Jefferies & Co.'s Financial Institutions Group revealed.
In the first quarter of 2009, transactions involving alternative managers represented around 25% of the total deal volume, owing to concerns related to market turbulence at the end of 2008 and earl...
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