Tue, Mar 31, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

BCG: Global assets under management surpass 2007 level, reach $62tln in 2012

Wednesday, July 10, 2013

Benedicte Gravrand, Opalesque Geneva:

According to a report released yesterday by The Boston Consulting Group (BCG), a global management consulting firm, the global asset management industry has finally started to recover from its four year-long stalling phase.

"Total assets under management (AuM) and profits have nearly regained the levels both had reached before the financial crisis," the announcement says. "Global AuM rose to $62.4 trillion in 2012, surpassing the 2007 record of $57.2 trillion. Operating margins rose to 37 percent of net revenues and profit increased to $80 billion, although it remained roughly 15 percent below pre-crisis highs."

BCG's eleventh annual study of the worldwide asset-management industry, Global Asset Management 2013: Capitalizing on the Recovery further notes that while these results show a recovery, the AuM growth was more influenced by the increase in global equity and fixed-income markets than by net new asset inflows. The latter remained relatively modest, at 1.2% of global AuM, going mostly to "solutions, specialties, and passive asset classes rather than to the actively managed core assets of traditional players." Furthermore, a quarter of traditional managers experienced significant outflows.

"The most successful managers," the announcement states, ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Private credit comes into focus for investors[more]

    Bailey McCann, Opalesque New York: As investors look for a way out of the low yield/no yield environment, private credit is becoming an increasingly attractive asset class, according to a white paper from Bayshore Capital Advisors. Private credit has grown steadily since the financial crisis as

  3. M&A - Hedge funds no longer attractive targets for banks, reinsurers, Blackstone buys stake in Christopher Pucillo’s Solus event-driven hedge fund[more]

    Hedge funds no longer attractive targets for banks, reinsurers From Institutionalinvestor.com: Swiss RE, the world’s second-largest reinsurer, is looking to sell its 15 percent stake in Jersey, Channel Islands–based hedge fund firm Brevan Howard Asset Management. Morgan Stanley reported

  4. Opalesque Radio: Threadneedle expects continuing equity volatility this year[more]

    Benedicte Gravrand, Opalesque Geneva: Investors should expect more volatility, which is signaling a "slow moving" top to the market, KKM Financial’s founder and CEO Jeff Kilburg told CNBC on Monday. And this volatility is going

  5. Hedge funds show strong performance of 2.52% so far in 2015[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry got off to a strong start in 2015 "completely unmindful" of the poor performance last year, according to data provider Preqin. According to Preqin, following a year which saw the average he

 

banner