Asset Managers Growth: Private Market Firms Outperform Industry
Wednesday, 18 September 2024, 05:01
Asset Managers Growth Analysis
According to recent research, publicly traded asset managers with $21 trillion in assets achieved a 6% median revenue growth for the year ending June 30, 2024. This increase highlights the challenging yet rewarding environment in which asset managers operate.
Key Drivers of Growth
- Private market firms drove the surge in revenue.
- Investments in alternative assets have shown strong performance.
- Heightened demand for diversified portfolios is attracting investors.
Conclusion of Growth Trends
The study reveals the resilience and adaptability of asset managers, particularly those focusing on private markets. While facing various challenges, the industry is finding ways to thrive.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.