Fund status check shows business-as-usual still wins

Index fund managers saw growth-rates surge above active managers after the GFC. (Image: Getty)

Wed, 24 Aug 2022

The business of managed funds has come under relentless pressure in this century amid rising costs, more regulations and the invasive spread of low-priced passive products.Managing money still makes money, though, and lashings of it, according to the Boston Consulting Group in its 20th annual ‘Global Asset Management Benchmarking’ report.“... asset management continues to be one of the most profitable industries in the world,” the BCG study says.“While costs have risen over time, the average [assets under managemen...

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