There's bad news for publicly-traded asset managers — revenue growth for the industry is down, according to data from Casey, Quirk & Associates
Pensions & Investments
reported that, despite solid market returns, median growth for 2012 was just 4.4 percent, compared with 8 percent in 2011 and 22 percent in 2010.
Information on privately held managers will be released later this year.
For more details, check out the original article here
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