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Asset Managers Thriving, Says McKinsey, But Must Address A Changing Investment Industry

FYI: A “major shift” among asset managers could “dramatically reshape” the industry, says a report released today by McKinsey & Co.

According to “North American asset management in 2018: The New Great Game,” overall, 2017 was a great year for asset managers as global AUM grew to $88.5 trillion, a new all-time high, and industry profits increased by 20 percent.
Regards,
Ted
https://www.fa-mag.com/news/asset-managers-thriving--says-mckinsey--but-must-address-a-changing-investment-industry-41900.html?print
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