47% of Asset Managers Expect to Expand Product Management Staff

Asset managers evidently are optimistic about renewed growth in assets under management, with 47% saying they plan to expand their full-time product management staff over the next 12 months, FUSE Research Network found in surveys conducted over the past two months. However, since 80% laid off staff over the past year, employment levels are not likely to return to pre-crisis levels anytime soon.

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