We continue to think that the delta between domestic markets and other financial opportunities (e.g., certain commodities, emerging markets equity, and select fixed income), is hard to justify in the long run.
Three key questions that need answers
Is our industry too focused on relative returns?
With global assets under management predicted to grow to more than $100 trillion by 2020, asset managers will become more influential and, as a result, will attract increased scrutiny from tax authorities and clients alike.
According to a rece...