Following on the footsteps of Fidelity who recently conducted a successful social media effort to further their brand awareness, American Century now turns to Twitter to promote their brand as well as the philanthropic nature of sponsoring a celebrity golf tournament.
BlackRock’s Q1 2010 fund flows seem to have validated a position that I put forth 2 weeks ago, asking if active investment management has peaked. Based on BlackRock’s total net outflows of $31 billion, this indeed seems to be the case.
Transaction volume in the global asset management industry in the first quarter of 2010 declined significantly from 2009, however, according to Jefferies & Co.’s Financial Institutions Group, M&A involving managers …
4 May 2010
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