Assets under management rise modestly in June despite pullback in broader market returns
Seeking Alpha ·
Aggregate AUM at ten major asset managers in the U.S. grew 0.3% month-over-month to $8,280.0 in June, even as broader markets recorded losses. On a yearly basis, this figure rose 15.1%. The monthly assets saw only a modest increase on
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The total assets under management by top 10 US asset managers increased by 0.3% in June to $8,280.0, a positive performance despite wider market losses. Over the past 12 months, total assets under management have increased by 15.1%.
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- Asset Management — The 0.3% increase in total assets under management by top 10 US asset managers in June could boost investor confidence, highlighting the industry's growth potential.
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