Total assets under management of the 500 largest asset managers in the world hit $128trn at the end of 2023, representing a 12.5% uptick from the previous year, after AUM fell 13.7%, or $18trn, during 2022, revealed a study.
Laxman Pai is a journalist who writes for Opalesque, focusing on finance and investment topics. With a keen interest in private markets, mergers and acquisitions, and asset management, Laxman provides insightful analysis and updates on the latest developments in the financial industry.