The market is dominated by the UK, France and Germany, which together represent 63% of assets under management.
Climate change and artificial intelligence (AI) could disrupt the asset management industry, forcing managers to dramatically change their business models.
According to Banque de Luxembourg Investments's managing director and chief investment officer, "the golden age of asset management has turned full circle."
The Norwegian group plans to accelerate its low-fee policy to win market share.
The Spanish group will rely on Franklin Templeton's boutique for the search of alternative investment funds.
Deirdre Flood, head of international distribution at Wells Fargo Asset Management (WFAM), has caught up with Asset News on the firm’s business development in Europe.
The firm's assets under management have hit a new record at €125.8bn as of end June.
The impact is significant, says JP Morgan.
Ed Louis, lead analyst of Cerulli Associate’s latest report on US Intermediary Distribution 2019: Capitalizing on Specialization, elaborates on the key drivers behind the organic growth of larger American asset managers that could help the growth trajectory of smaller firms.