The Thanksgiving Draft S03:E13
Pirates of Finance
00:00
Asset Management Firms Should Expect Net Asset Outflows to Be Negative
McKinsey: As an asset manager, you should expect outflows and annual net flows to be negative. The more stable your base of offerings, the easier it is to build those fixed costs that can help you compound the growth of the business. Equities and fixed income might continue to see outflows as people tax loss harvest or just get fearful of making any changes in their portfolio.
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