Less fragmented European market key to close gap with US asset managers

Europe
On the 10.07.19 at 7:22AM

by

Adrien Paredes-Vanheule

Credit rating agency Moody's studied the reasons of the profit gap between EU and US asset managers in a recent note.

Neither BlackRock nor Vanguard were part of the global top 20 asset managers list in 2001 and they now rank as the two world's largest asset managers.

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