PwC: Investment Assets To Swell To $102 Trillion By 2020

Global assets under management are expected to rise from $64 trillion to $102 trillion by 2020, growing at a 6% compounded annual rate, a new study predicts.  Nearly half of those assets will reside in North America. The report, “Asset Management 2020: A brave new world,” published by Price Waterhouse Coopers (PwC), notes six disruptive “game changers” and trends that will result, offering asset managers new opportunity. “The industry stands on the precipice of a number of fundamental shifts and the potential for significant volumes of assets, there is more responsibility on firms,” noted Barry Benjamin, global asset management leader,…