Schroders and Evelyn Partners Takeovers to Fuel Investment Industry's Race for Scale

The investment industry is set to accelerate its race for scale following the takeover of Schroders by State Street and the acquisition of Evelyn Partners by Fidelity. These deals will likely lead to increased consolidation and the creation of larger, more diversified asset managers. This trend is driven by the need to achieve economies of scale and better compete in a rapidly changing market.