Here is a chart showing the number of transactions that involve acquisitions of an asset management business by year. It tells us about a couple of trends developing in recent y Banks have stopped acquiring asset management businesses. In fact what the chart doesn’t tell us is that banks have been actively selling their asset management businesses
MarketWatch link
Excerpt:
• 5-10% Stocks (nongolds).
• 15-20% Commodities: via futures, commodity stocks &/or physical assets.
• 50% gold stocks & bullion: 15% blue chips, 5% junior, 5% bullion via futures, 25-35% in physical bullion.
•…