Friday, April 12, 2013

B&E Indicators

Global AUM recovered further in 2010

Overall, 2010 was a better year for asset managers than 2009, confirming the rebound from the global financial crisis. Assets under management (AUM) continued to grow and profitability improved, easing some of the pressure on industry participants. In 2010, the global value of professionally managed assets rose by 8% to $56.4 trillion from $52.4 trillion in 2009. In fact, global AUM surpassed the previous year-end high of $56.2 trillion achieved in 2007. Still, there was wide regional variation in AUM expansion in 2010. While Latin America, with an increase of 18%, posted the strongest growth, AUM in North America rose by 8%. AUM in Europe too rose by 7%, but with considerable variation across countries. However, Japan and Australia, the two largest markets in the Asia-Pacific region, posted a combined AUM increase of just 2% in 2010. In emerging markets other than Latin America, AUM rose by 10% in South Africa and the Middle East (combined) and 11% in Asia (excluding Japan and Australia), certainly less rapidly than in the pre-crisis years.


Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
 
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