This reflects broad fee and margin pressure. Manager stocks have traded at a widening discount to the MSCI ACWI over the past several years after generally maintaining a premium in 2010 through mid-2014, using forward earning multiples of the BI index. The BI large-cap asset manager multiple looks even lower compared to its 10-year average.

For more details, please read the release notes. This package may also be used to upgrade all components of an existing Bloomberg Terminal® installation. Valuation, at 10.3x, is less than one standard deviation below its five-year average, after benefiting earlier in the year from solid fundamentals, with M&A optimism still helping to provide a floor after boosting multiples in 2020. Bloomberg Professional Service New Installation/Upgrade (Full Package) (683 MB, Version November-2021) Download the software (full package) needed to install and run the Bloomberg Terminal®. Our large-cap asset-manager peer group’s forward P/E multiple has moderated almost 10% in 2021, essentially all since early November with rising volatility and weaker equities. Multiples drop from five-year average, volatility rises Powerful fundraising and asset additions may enable private equity firms to post double-digit asset growth next year, putting managers on pace to meet five-year goals ahead of schedule. Managers are buying into growth opportunities, such as private markets and ESG, while mutual fund traction in China keeps the region in focus, and ETFs show cost is still a key demand driver, though funds with volatility opportunity are also attracting assets. As some of the answers here say you should get access to it via your School (by school I mean University or College as you call it in the States).4 answers Top answer: I dont work in the sales side, but I imagine that the sales department would not want. A sustained slide in stock prices could add fuel to M&A, while cryptocurrency’s merit as an asset class could face a litmus test. Global asset managers’ revenue run-rate is bolstered by elevated asset prices entering 2022, and BI’s strategy team view is supportive for next year, though we note volatility that bears watching. It appeared first on the Bloomberg Terminal. This analysis is by Bloomberg Intelligence Senior Industry Analyst Alison Williams and Senior Associate Analyst Neil Sipes. Manage Products and Account Information.

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