Just about everybody agrees that asset managers need to get bigger. But mergers may not be a cure-all.
The rapid growth of low-cost passive investment options and pressure on fees for active management have been piling pressure on asset-management companies for years. One way to relieve that pressure has been through scale, spreading costs across a wider revenue base and helping firms better compete with the likes of giant BlackRock .
good luck
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: DEADLINE - 🏆 109. / 63 Read more »
Source: DEADLINE - 🏆 109. / 63 Read more »