UK fund managers are losing market share to alternative investments and must target broader assets owned by institutional investors to stave off further losses, McKinsey & Company say.
The consultant said asset managers across Europe have lost market share amounting to €1.3trn (£1.1trn) in financial assets since 2007, leaving asset managers globally managing just 14% of financial...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date