Numis: Expect 'significant consolidation' in mid-sized asset managers
Industry facing headwinds
Numis is forecasting a negative outlook for asset managers which are 'stuck in the middle' in terms of size and expects to see 'significant consolidation' in the industry.
In a report entitled Asset Managers: Headwinds and consolidation, the research firm said the asset management industry is likely to see low expected future returns, weak organic growth, rising regulatory...
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