| 11.08.2014 Opalesque Roundup: Hedge funds, private equity to grab 40% of revenues by 2020: hedge fund news, week 33 |
| In the week ending 08 Aug, 2014, McKinsey & Co predicted that hedge funds, private equity funds and other alternative investments would grab up to 40% of asset management revenues by 2020. A survey by Cerulli Associates found that alternative mutual funds will hit 14% of total industry assets by 2023; Northern Trust expects the global economic expansion to continue at slow and steady pace over the |
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