Bridge over ocean
1 July 1997 Financial Analysts Journal Volume 53, Issue 4

The Structure of the Investment-Management Industry: Revisiting the New Paradigm

  1. Richard M. Ennis

Will a new paradigm of investment management lead to concentration of the money management business? Will the merger trend continue? Will fees decline? And what accounts for product proliferation in an industry that struggles to deliver on the implied promise of its products? Answers—some that may surprise—to these questions and more.

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