Most asset manager expect revenue and assets under management to increase in the next 12 months, but concerns, surrounding regulatory changes and IT operations, could hamper overall growth.
According to a survey by SimCorp that was released Monday, asset managers are optimistic about growth in 2011, with 90% expecting an increase in annual revenue. In addition to positive revenue growth projections, 100% of all respondents expected assets under management to growth, with 45% expecting growth of over 10%.
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