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Asset managers lost US$18 trillion in AUM in 2022

The world’s 500 largest asset managers lost US$18 trillion in assets under management (AUM) in 2022, a recent research report has found. To put this in perspective, the drop in assets is larger than China’s entire GDP, which amounted to US$17.9 trillion at the end of 2022, according to data from Statista. The findings are according to a recent research…

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