Covid-19 reshuffles cards in asset management

Europe
On the 08.07.20 at 7:47AM

by

Laurence Marchal

Cerulli expects a return of consolidation among asset managers in 2021, after a Covid-caused break in the first half of 2020
(Pixabay)

Covid-19 and the resulting economic recession are expected to cause the first worldwide decline in assets under management in the decade coming to an end, according to a study by Cerulli Associates.

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