BlackRock isn’t satisfied with its December 2009 acquisition of Barclays Global Investors, according to a Daily Mail of London report. Now the $2.7 trillion investment giant is considering buying hedge fund manager of managers Man Group.

Analysts say Man would not only give BlackRock an additional $2 billion of assets under management but a strong distribution network.

BlackRock is known for blockbuster acquisitions, having bought Merrill Lynch Asset Managers in 2006.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.