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Asset management industry’s global AUM to hit US$106 trillion by 2019

AUMs in the asset management industry are expected to reach US$106 trillion by 2019, according to a recent report by Cerulli. US investors are still expected to form the dominant share, though the balance appears to be shifting to markets in Asia. Despite the massive size of US investors’ assets managed by global asset managers, other markets are growing rapidly…

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