Asset management remains highly profitable, with 37% operating margins in 2015 and more than $100 billion global profits.

The Financial Times cited Global Asset Management 2016: Doubling Down on Data in a piece on a crisis for active managers and a piece on leadership in dark times. The former article quoted BCG's Brent Beardsley: "Firms will keep a sharper eye on where there are products and areas where they are subscale, and think whether they should close them."

Financial Times