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Fidelity, PGIM, BNP Paribas bosses weigh in on ‘polycrisis’ expectations for 2023
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The past 12 months were a torrid year for asset managers. Ongoing war in Ukraine, soaring inflation and a succession of interest rate hikes weighed on revenue and profit across the sector.
As a new year begins, fund management bosses told Financial News that while challenges will persist throughout 2023, some of the biggest opportunities to win new business lie in private markets, sustainable investments, China, and digital assets.
“Navigating...
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