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
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
