More Storms Ahead With Asset Management Industry MiFID II Issues
Rising markets, an improving global economy, increasing assets at the top 1% and a lack of volatility should combine to make the perfect environment for asset managers, but that's not the case according to a recent presentation from credit rating agency Moody's.
According to Moody's even though some favorable tailwinds are helping the global asset management industry, bigger headwinds are holding back growth.
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By far the most significant headwind is the changing shape of the global asset management industry. Since 2007, active management has gradually fallen out of favor...

