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After Worst Year Since Crisis, Asset Managers Need To Change

TedTed
in Fund Discussions
FYI: The problems kept mounting for asset managers in 2015.
Asset growth for the industry was at its slowest since 2008, up just 1% to $71.4 trillion in 2015. That comes after assets grew 8% in 2014 and at an average annualized rate of 5% from 2008 through 2014. Earnings barely budged as well, up 1% to $100 billion, according to a recent study from Boston Consulting Group, which looked at nearly 140 asset managers representing $40 trillion, or more than 55% of global assets under management
Regards,
Ted
http://blogs.wsj.com/moneybeat/2016/07/18/after-worst-year-since-crisis-asset-managers-need-to-change/

Comments

  • jerry
    Its always interesting to read articles designed for advisors rather than investors though it can lead one to be very suspicious of advisor suggestions
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