Can they hold strong through future volatility?
Warning sector could halve in next few years
Group plans to bring over Paris-run strategies
The first six months of 2015 have been a tale of two halves for asset managers, as some noted record inflows while others saw investors heading for the exit in droves.
Schroders saw its assets under management grow by 14% in first half of the year to £309bn, despite strength in the sterling reducing AUM by £10.2bn in the second quarter.
Asset management firms are feeling the burden of compliance costs and expect both cost and time burdens to increase in future as the deadline for MiFID II approaches.
Natixis Global Asset Management is seeking to broaden its UK OEIC range with the launch of UK equity and bond products.
Credit Suisse's new chief executive Tidjane Thiam has suggested the bank is considering acquiring smaller asset managers.
Bulking up and diversifying out