It's all go in the fund management industry. The biggest institutions are getting fatter and many predict more consolidation in the years ahead
Ask virtually any leading fund management institution the world over what their outlook is over the next ten years and they'll tell you that they are in a growth industry. Funds under management are booming and things are looking rosy in the years ahead. Governments in developed markets are waking up to the problem of ageing populations and developing new ways to encourage individuals to save for the future.
The biggest expansion is in equity funds under management. The latest figures from
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