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Much of the growth is predicted to come from market returns rather than from asset managers gathering sizeable inflowsPhoto: Alamy Stock Photo
The amount of money overseen by the global asset management sector is set to rise to more than $130tn over the next two years, but fund groups are being urged to pivot to Asia and target retail investors for the best chances of winning new business.
According to a report from Broadridge, global assets will rise to $132tn by 2027, up from around $114tn currently.
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