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In 2023, asset managers saw record gains, exemplified by J.P. Morgan's asset and wealth management business, which reported $3.4 trillion in assets under management, a 24% increase from the previous ...
The IPO market was challenged by 2023. Last year, there were 154 IPOs on the US stock market, which is 15% lower than in 2022. Both younger and more mature companies delayed their IPO because of the ...
The number of investments in environmental, social and governance (ESG) initiatives is increasing every year. In 2023, about 60% of European assets under management were invested in funds or strategie...
Irrespective of the industry, AI and ML are now all the rage, and asset management is no exception. By 2027, around 16% of asset managers will supposedly disappear due to a paradigm shift in technolo...