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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
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