(Opalesque) Listed North American asset management firms experienced steep declines in assets under management (AUM) and revenue during the second quarter of 2022 after seeing all-time highs in assets, revenues, and profit levels just two quarters earlier. According to a report by Casey Quirk, a Deloitte business, 18 public traditional and alternative asset managers in North America saw their combined AUM drop by 12% in the second quarter, while revenues fell by 8%.
North American Asset Managers’ AUM, Revenues Decline Steeply in Q2
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