Managed accounts, which have grown tremendously in the past couple of years in the U.S., have started to emerge as a significant offering around the world, especially in Europe, and are poised to grow even more in 2002, according to Cerulli Associates’ latest report on year-end reflections and projections on the global front.

"Cerulli Associates asserts the future is bright for this market segment as mass-affluent investors seek capital growth combined with diversification and private banking-style advisory services, for which they would not otherwise qualify," the report says.

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