Bloomberg - Asset Managers Are Facing An Existential Crisis

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Bloomberg - Asset Managers Are Facing An Existential Crisis

Bloomberg - Asset Managers Are Facing An Existential Crisis

  • TV-G
  • 2019
  • 5mins
Aug.08 -- Asset managers are facing an existential crisis. For years investors have been shifting their money into passive funds. The move has pushed fees lower led to the loss of thousands of jobs and forced large-scale consolidation. Now the industry is on the edge of shake-out and only the strongest will survive. Bloomberg’s Suzy Waite discusses her findings with Tom Keene and Francine Lacqua on Bloomberg Surveillance