Fitch: European Asset Management Industry: Slower Growth, Faster Change Ahead

June 6, 2016 7:48 AM

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(The following statement was released by the rating agency) Link to Fitch Ratings' Report: European Asset Management Industry - Ripe for Change here PARIS/LONDON, June 06 (Fitch) Fitch Ratings believes that the European asset management industry is ripe for faster change and possibly disruption, as pressure from markets, investors, regulators and competitors intensifies.

In a special report published today Fitch says it expects the industry to grow at slower pace than the 10% observed in 2015, assuming lower market returns and decelerating inflows. Fitch expects management of asset management companies to take bolder restructuring or strategic decisions to increase ...

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