EUROPE - Some of Europe's big name fund managers could find themselves on the market as the industry braces itself for dramatic profit slumps, according to a new report by strategy consultants Oliver, Wyman & Company and investment bank UBS Warburg.
The report - ‘The Future of Asset Management in Europe’ - paints a bleak future for Europe’s fund managers. Revenue growth is expected to be only 5% per year between 2001 to 2006 - rising from E122...
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