What will be the future of soul whether the merger by incorporation of a part of Monte dei Paschi into Unicredit will go through? It is one of the questions that the merger operation that Unicredit and the Mef are about to negotiate in the next 40 days raises. The reason is simple: Anima, which is among the most active asset management companies in the world of asset management, has a distribution agreement with Mps and a possible entry of the Sienese bank into Unicredit could, according to what the financial weekly Milano Finanza claims, expand – and by a lot – his employment network.
But whatever the final effects on Anima, the shock Unicredit-Mps is surely destined to revive the planet of the managed savings. The spotlights are focused above all on Mediobanca which already in recent months had explored the possibility of taking over the jewel that is Banca Generali from Trieste. The top management and the great shareholders of Leone persuaded Mediobanca not to insist, but it is no mystery that the institute in Piazzetta Cuccia which, under the guidance of Alberto Nagel, has begun to redesign its identity and archive the era of the parlor , is hunting for prey to grow in asset management. Now it seems that he has set his sights on Deutsche Bank's DB Financial Advisor, a reality with over a thousand financial advisors, 16 billion euro of assets under management and a theoretical valuation of 350-400 million.
Mediobanca would not be the only candidate to take over, however DB Financial Advisor for which another German giant would also make his advances, namely Allianz Bank, and we'll see how it goes. In reality, the results of the last quarterly report the good state of health of many asset management companies and the current situation stimulates the fantasies of the advisors. It is no coincidence that Ubs, again according to what Milano Finanza reports, recently published a report in which it claims that, in terms of profit generation, the ideal husband for Mediobanca's wedding would be Banca Mediolanum of the Doris family who among other things is one of the last members of the consultation pact that has remained in place between a part of Mediobanca's shareholders in defense of the current management.
It is too early to say how it will end, but there is no doubt that the Unicredit-Mps cyclone is also destined to invest managed savings and its companies and that the fruits will be seen in the coming months.
