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Morgan Stanley: Global Asset Manager Revenue May Fall 30% By 2019

3/20/2017

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Ed. Note: This article first appeared in Newsmax Global asset managers could see revenues fall as much as 30% in just two years if pressure on fees and returns continues unabated, according to a report by Morgan Stanley and Oliver Wyman. If fees fall another 10% by 2019 and money continues to shift to low-fee products, the


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