One of the biggest shifts that firms such as Schroders have made is capturing some of the gains that have become available in Europe.
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Fidelity and GSAM are among the managers using an emerging approach to active that could be as disruptive as BlackRock’s deal for iShares.
Institutional Investor reports that the top 25 managers made a combined total of $30 billion, just shy of the record set in 2020.
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