March 22, 2017 / 6:22 AM / 5 months ago

BRIEF-Moody's says UK insurers' asset management firms set to capitalize on pensions expertise

March 22 (Reuters) - Moody's:

* UK insurers' asset management firms set to capitalize on pensions expertise

* Higher dependence on asset management revenues will increase UK insurers' exposure to tough conditions in the asset management industry,

* Believes insurers and fund managers in UK are increasingly competing for same pool of assets and leading to cost convergence in some cases Source bit.ly/2nI0dft

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