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Global asset management AUM top US$100 trillion as top 20 firms pull away from field

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Assets under management at the world’s 500 largest asset management firms surpassed US$100 trillion for the first time on record, reaching US$104.4 trillion in 2019, according to investment research firm Thinking Ahead Institute, an outgrowth of Willis Towers Watson Investments’ Thinking Ahead Group. The record figure represents a 14.8% increase on the previous year and an almost three-fold increase since…

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