Comment on The investing business is about to go through 'the largest competitive realignment' in history

The investing business is about to go through 'the largest competitive realignment' in history

Carl Court/Getty Images Investment managers are in for a wave of consolidation the likes of which the industry has never seen before. Several factors are driving this “the largest competitive realignment in asset-management history," according to a new report from consulting firm Casey Quirk, which is part of Deloitte. Among them: The rise of passive, or index, investing — which is much cheaper than actively managed investing — is pushing down fees that asset managers have historically charged their clients. Asset managers have already tapped most potential clients, like the baby boomers.

 

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