Despite the turmoil unleashed by the COVID-19 pandemic, public asset managers saw profitability rise modestly in 2020. Thanks to strong markets, assets—and revenues—grew. Because managers have made their operations more efficient in recent years, such growth increased profitability, if only modestly.
The 2020 Asset Manager Profitability Report explores the factors that drove changes in profitability over the past year and puts them into longer-term context. With data gleaned from 27 asset managers’ public filings, this report enables business leaders and fund boards to benchmark their firm’s performance against their competitors