Fitch Ratings has found global traditional investment managers are experiencing mixed fortunes in the current environment, with the type of clients they serve a key factor when it comes to inflows and outflows.
According to the ratings agency, companies with a mass retail focus - such as Jupiter Asset Management and Anima - have seen weaker net flows compared to those targeting institutional and high-net-worth clients. This was because investors within the latter category tended to be "more stable...
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