麦肯锡：2024年北美资产管理报告：财务报表之外的价值洞察（英文版）

The North American asset management industry faces a conundrum. The 2023 recovery appears to be accelerating in 2024, but the industry has struggled to regain its financial footing. Revenues have stagnated amid outflows from higher-fee active equity mutual funds and a period of adjustment in the private markets. And profitability has remained under pressure amid rising costs.The good news: lifted by strong market performance and healthier net flows, the industry’s global assets under manageme