Inequality In The Asset Management Industry Gets Worse As Top 3 Firms Control 15 Percent Of The Market

The asset management industry has been going through significant changes in recent years, thanks to new regulations and current trends shaped by those regulations and investor behavior. Investors interested in the asset management industry should keep tabs on all these changes and trends. Bank of America Merrill Lynch pulled together the most important ones in a recent report. Q3 hedge fund letters, conference, scoops etc Strong growth in AUM As of the end of 2017, BAML estimates that there were about $95 trillion in assets under management around the globe. That marks significant growth from the approximately $46 trillion under…