Asset-management mergers and acquisitions increased by 22% worldwide last year, despite the credit crisis in the U.S., according to Freeman & Co., a New York advisory boutique.

The number of deals involving investment-management firms with more than $10 billion in assets rose from 23 in 2006 to 28 in 2007. There were only 13 such deals in 2005.

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.