Moody's Cuts Outlook On Global Asset Management Industry Amid Fees, Passive HeadwindsBala Murali Krishna
Moody’s has cut to negative its outlook for the global asset management industry, which continues to be roiled by a steady shift toward low fee and passive products. Its view is so grim the ratings agency ruled out anything that might change its outlook to positive at this time.
However, a stable outlook could result if active funds perform better, rotation into passive products is moderate, and cost pressures and margins stabilize or ease.
“Active management performance continues to underwhelm,” Moody’s said, explaining its outlook downgrade. Consequently . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible