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Top 500 houses see assets sink below 2006 levels

Leigh Powell
The world's largest managers saw assets drop 3%, with Japanese firms outperforming. The biggest have increased passive management, underlining displeasure with active fees.
Top 500 houses see assets sink below 2006 levels

Assets managed by the world’s largest 500 fund managers sank to below 2006 levels by the end of last year, led by declines among the top 20 houses, finds a survey due to be released today.

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