Asset Managers on Brink of a Crisis

The video discusses the current struggles of the financial industry, highlighting the shift from active to passive management due to high fees and subpar returns. It explores industry responses such as consolidation and competition with major players like BlackRock and Vanguard. The video also predicts future trends, including further consolidation, cost-cutting, and the need for modernization through technology.

What challenges do active managers face in the current market environment?

What predictions are made about the future of the asset management industry?