Bill Salus Talks Fund Services M&A with Alternatives Watch
Bill Salus recently sat down with Susan Barretto, editor of Alternatives Watch, to discuss the temperature of M&A activity in the fund administration space. As a firm specializing in the asset servicing space, Paddock Consultancy sees firsthand the growth and product development challenges fund administrators face. These challenges are leading to increased M&A activity in the industry as fund services companies look to augment their core accounting services with other products like data analytics.
You see this movement in that fund administration is taking a much broader view of the wallet of these managers. Just because of the potential to expand the outsourcing mandate, there is a lot of room for M&A.