Passive assets to double market share: PwC
A new report makes some big calls on the funds industry, including the rise of discretionary management and the mass affluent in Asia, plus a shift into passive investments worldwide.

The way asset managers operate in 2020 will be significantly different compared with 2013, forecasts PwC in its wide-ranging new study, Asset Management 2020: A Brave New World.
Based on discussions with industry participants, the consultancy has set out a detailed discussion of major issues and trends – including growth figures and forecasts – covering alternatives, the active/passive debate and institutional and retail sales models.
One thing is predicted with certainty: the i…
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