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Analysts picked out three bright spots where asset managers could find growth: emerging markets; increasing investors' access to private markets; and new technology.and shareholders demand bottom-line growth and lower costs. Tapping more capital in emerging markets would be a major - and expensive - effort. Right now, 85% of global assets are from clients in developed markets. China, though a high-growth market, is particularly hard to penetrate, with foreign asset manager market share below 5%.
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Source: WSJ - 🏆 98. / 63 Read more »