The concentration of assets managed by the top 20 largest fund groups reached its highest level on record last year amid increased M&A in the industry, research by Willis Towers Watson has found, as it also warns the sector faces "massive change and disruption".
The Thinking Ahead Institute, a not-for-profit hub set up by Willis Towers Watson, conducted research which found the 20 largest asset management firms around the globe account for 43.3% of the top 500...
Partner Insight: In this environment, a well-resourced credit research team is essential and having traders to keep check on markets is very helpful too, according to Fidelity fixed income managers Sajiv Vaid, Peter Khan and Kris Atkinson
Impact of political turmoil and Brexit
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In recent weeks, investors have fixated on the inversion of several sovereign yield curves, most notably the US Treasury curve.
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