The value of assets under management AUM across the world reached $56.4 trillion in 2010, surpassing the previous historical high of $56.2 trillion in 2007, according to Boston Consulting Group. Global AUM growth in 2010 was driven largely by the fact that equity markets continued to recover in 2009 and 2010, after they crashed following the subprime-sparked financial crisis in 2008.
Emerging market equity funds have become a top priority for asset managers in the US and Europe, thanks to the greater opportunities and higher returns these markets offer. And those decisions have paid off, with the increased focus on emerging market equities helping asset managers to improve revenue margins...
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