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Fund Managers to Reap $100tn 2020 Wealth Bonanza

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A new report from PwC finds global assets under management (AuM) will rise to roughly $102 trillion by 2020 from a 2012 total of $64 trillion, representing a compound annual growth rate (CAGR) of nearly 6 percent. This forecasted expansion in "Asset Management 2020: A brave new world" aligns with…

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