2020 Saw Asset Management Reach $103 Trillion
Despite the issues and obstacles of the past 12 months the asset management industry has continued to grow. In fact, figures released over the summer indicate that it actually reached $103 trillion in assets under management at the end of 2020. Institutional investments represent just over half of this figure while retail portfolios account for around $42 trillion. Investment in private markets increased 12% annually as of September last year and this asset class is being highlighted as one that...
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