Fund firms managing $100T ‘have to change’ to attract clients
With many investors turning to passive options, asset management companies cannot afford complacency.
T. Rowe Price Group Inc. is reeling from a $127 billion exodus over just two years. At Franklin Resources Inc., the latest member of a billionaire family to run the firm is trying to reverse a nearly uninterrupted 20-quarter losing streak. Across the Atlantic, the chief of Abrdn Plc has reached
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