It is estimated that, back in 1979, the asset management industry collectively managed about £79bn.
Given the nature of the financial crisis and the depth of the accompanying recession, the recovery process was always going to be a hard grind.
'It's like everyone's over the mental fug of RDR and is ready to hold the industry to account..'.
High yield bonds outperformed virtually all other fixed income asset classes in both 2012 and 2013, and are off to another strong showing so far in 2014.