5min chapter

New Economics Podcast cover image

Why asset managers own the world

New Economics Podcast

CHAPTER

The Importance of Asset Management in the Investment Chain

Pension funds and the investment funds etc kind of behind Blackstone it's not really their money either so no that's exactly right. When a fund you know makes a terrible investment all the losses are incurred by the over time and savers gosh it's justYeah I'm a bit lost for words to be honest I feel like I've just kind of got off a rollercoats, he says. He asks how much control do these companies actually have over when they get repaired or upgraded sewer systems in the UK. "I think if you look at the water sector in the UK it would be a classic example of this," she says.

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