SPECIAL REPORT
The world's 500 largest money managers' combined AUM rose in 2021, in what will likely mark the close of a long period of macroeconomic policy tailwinds.
PGIM COO Taimur Hyat said top 20 managers should continue picking up market share at the expense of managers in the middle.
Providers of mutual funds and target-date funds for defined contribution plans suffered a severe market-induced setback.
The percentage of office properties in managers’ portfolios is shrinking, but the sector still makes up 22%, the third-largest category.
Market volatility and interest rate increases have suppressed global real estate AUM growth, according to P&I’s 2022 survey.
Real estate managers see the affordable housing crisis as an investment opportunity, but strategies vary.
REITs were down in the year ended June 30, but some managers think they are undervalued.
