International asset management firms are taking their recent uptick with a grain of salt as they anticipate a continued climb from the financial pitfalls of 2008, a new study claims.

In a report issued by The Boston Consulting Group (BCG) yesterday, the global advisory firm said money management firms have seen professionally managed assets grow by 12% to $52.6 trillion in 2009, but still are likely to “face an uphill battle to succeed in [the] post-crisis era.”

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