Stalled Asset Growth, Tighter Revenue Margins, Volatile Markets, and Regulatory Requirements All Raise Pressure on Managers to Adopt Disruptive Capabilities in Leading-Edge Data and Analytics, BCG Report Says
Global ETF assets under management is expected to climb to $7trn (£5.4trn, €6.3trn) by 2021 facilitated by steady growth in the North American, European and Asian markets, a new PwC survey shows.
The bank raised its recommendation on the country to “overweight” from “marketweight”, saying that the bonds have under-performed this year, even as the economy remains a top performer.
The most highly regarded individuals in the debt and equity, structured finance, and Islamic finance chapters are also recognised in this edition.
According to New World Wealth, while the average wealth of a person in Europe has declined, in other developed markets it has increased substantially.
Credit Suisse Group and Deutsche Bank are most reliant on capital markets activities, with sales, trading, underwriting and advisory revenue at about 50% and 40% of total group revenue, respectively.
The son of store owners, he built up an empire, Luksic Group, that took in telecoms, beer, mining, and banking and which, by the time of his death in 2005, had given him a net worth estimated at more than $4 billion.
To keep costs under control, managers continue to look for ways to improve operating efficiency, including investment in technology.