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Navigating the Financial Landscape: Trends and Challenges
This chapter explores the current outlook for global asset managers and banks, emphasizing the impact of market momentum and regulatory changes on investment strategies. It discusses the consolidation trends in the asset management industry, the shift towards alternative investments, and the implications of staffing decisions at major firms like JPMorgan and Bridgewater Associates. Additionally, the chapter raises questions about the future of climate finance in the banking sector amid evolving organizational cultures and political perceptions.