I’ll give you my opinion, Bullero, as you asked.
-In my opinion, one cannot conclude that eQ and Aktia would be compatible even if they shared the same ownership base. I don’t know why RG acquired Aktia in the first place.
-eQ owners’ ownership in a highly profitable and agile asset manager would be diluted with a weakly profitable bank. Ferrari merging with Renault. I just don’t see this as good for an eQ owner, even if eQ funds got a small boost from a new distribution channel.
-There is also the danger that eQ’s respected asset managers, who are primadonnas, would not like the merger and would vote with their feet. Case Aktia-Taaleri.