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Emerging markets to drive surge in AUM

New PwC report offers a glimpse of the asset management environment in 2020. GENEVIEVE CUA reports

ASSETS under management by the global fund management industry are expected to exceed US$101 trillion by 2020, thanks to growth in the emerging markets - specifically, South America, Asia, Africa and the Middle East (SAAAME). PwC said in a new report that AUM growth in the SAAAME markets is