Global AUM falls in 2015; passive flows beat active
Assets, revenue and operating margins all shrank last year for the first time since 2009, and flows into passive funds were double those into active strategies, according to consultancy Casey Quirk.
Despite net inflows into investment strategies, negative market performance last year resulted in a drop in global assets under management, revenue and operating margins for the first time since the financial crisis of 2008-2009, according to new research.
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