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The Asset Management Industry Emerged Strong from the COVID-19 Pandemic, Crossing the $100 Trillion Threshold

Share this article Share this article BOSTON, July 8, 2021 /PRNewswire/  Despite the far-reaching effects of the COVID-19 health crisis, global assets under management (AuM) grew by 11% to reach $103 trillion in 2020, although operating profits did not follow suit remaining stable at around 34% of net revenues as a result of cost pressure and fee contraction across all asset classes according to a new report from Boston Consulting Group (BCG). The report, titled This 19th annual BCG study of the global asset management industry reveals that global net inflows reached $2.8 trillion in 2020, or 3.1% of the total AuM at the beginning of the year compared to a historical average of from 1% to 2% over the previous decade. Retail investors were the main drivers of AuM growth. The report also examines how new realities for example, in markets and technology will determine future industry leaders and why specific areas such as private markets, ESG investing, and advanced data and analy

The Asset Management Industry Has Surpassed $100 Trillion — And There s Still Room to Grow

The Asset Management Industry Has Surpassed $100 Trillion — And There s Still Room to Grow
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Cost pressures keep operating profits stable as AUM rises – report

Cost pressures keep operating profits stable as AUM rises – report
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AUM in Canada rose 14% in 2020 | Advisor s Edge

AUM in Canada rose 14% in 2020 | Advisor s Edge
advisor.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from advisor.ca Daily Mail and Mail on Sunday newspapers.

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