Institutional Investor
Barbara Rudolph
September 01, 2005
A McKinsey report on asset managers, produced in conjunction with the Institutional Investor Institute, tells a cautionary tale.
The study, which tracked the performance of more than 60 big and small firms that collectively manage more than $5 trillion in assets, concludes that the industry faces serious threats to its bottom line.
Chief among them: slowing fund inflows, eroding pricing power, and falling productivity.
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