22/10/2018at 13:55

Listed asset managers are struggling with a tough future

Listed asset managers have been the dogs of the equity markets this year. An uncertain future, and huge pressure towards lower fees, are hurting major players in a big way.

Blackrock shares are down by a fifth so far this year.

by DAVID BENTOW

While equity market prices in 2018 have in general been satisfactory, that certainly has not been the case for the shares of listed asset managers.

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