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Assets up, profits flat, future downbeat: consultants look ahead for global fund industry

New studies from two big-name consulting firms show the global funds industry struggled to increase profit margins in 2020 despite reporting bumper growth in assets under management (AUM). Reports from both EY and the Boston Consulting Group (BCG) found double-digit expansion in global funds management AUM during 2020. The BCG study says AUM increased year-on-year…
David Chaplin | 23rd Jul 2021 | More