Quite a few of the top 25 fastest-growing fund managers for last year came from boutique firms, according to Strategic Insight's Simfund database. SI examined net inflows through November 2011 as a percentage of assets and ranked the managers based on their increase over December 2010′s amount.
Taking in some $79 billion in net inflows during the first 11 months of 2011, these top 25 included a variety of specialized/boutique organizations and industry innovators. According to Avi Nachmany, director of research at Strategic Insight, "… small and mid-size fund managers look to be a significant source of growth going forward, especially as the mutual fund industry continues to be a center of product innovation."
Read the rest of the story here.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
