By now, most asset management executives have seen the predictions that large-cap growth will be the way to go in 2008. But digging deeper than mere asset class predictions, MME spoke with two industry leaders to tease out nuances of what fund managers can expect this year.

Peter Delano, co-author of the Tower Group's "2008 Top 10 Business Drivers, Strategic Responses, and IT Initiatives in Investment Management," said one new challenge for the fund management industry will be dealing with the effects of the subprime debacle and the resulting credit crunch.

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