Active management firms' revenue worldwide declined by 30% - 50% last year, Watson Wyatt research reveals.
The consultant said increasing pressure on profitability at active asset management firms this year was likely to cause considerable changes in the industry. It urged asset owners to prepare accord...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
