Fund mergers have increased recently, and as long as the current market downturn continues, the numbers of mergers will only go up, according to industry analysts.
Last year, there were 236 fund mergers, an unusually high number, according to Lipper. This year's pace is about the same with 184 occurring so far. And the number of total share classes that have been merged this year has already matched last year's mark of 501, the most ever, according to Wiesenberger/Thomson Financial. (Thomson Financial is the publisher of MFMN.)