- There are currently 4,406 actively managed equity mutual funds managing about $5.9 trillion.
- From the start of 2009 through December 2014, domestic equity mutual funds have seen net outflows of -$629.4 billion while bond funds have seen net inflows of $969.1 billion.
- The ETF business has grown from 80 in 2000 to 1,603 funds managing a little over $2.1 trillion today.
- There are roughly 8,500 hedge funds managing about $2.9 trillion today.
- The private equity business has exploded in size. The industry has grown from a rounding error 20 years ago to nearly 5,000 in number managing $3.8 trillion unlevered today.
- There is now roughly the same number of private equity funds as there are publicly traded companies. The number of publicly traded companies on the major exchanges fell from over 8,800 in 1997 to around 5,200.
- Assets under management at activist hedge fund have grown by 275% since the end of 2008, much faster than the market as a whole. It is the “hot” strategy in the hedge fund world.
- The average holding period of a stock in the United States has fallen from roughly 8 years in 1960 to 1.3 years today. The figure reached its nadir at one year in 2010.
- The average notional price of a stock in the S&P 500 remains near all-time highs at $81.
- Average daily volume on the NYSE peaked at 1.6 billion shares in 2006 to 1.1 billion shares today.
- The Fed’s balance sheet has grown from roughly $900 billion in the beginning of 2008 to $4.5 trillion today. Roughly eighty percent of the balance sheet was held in U.S. Treasuries then. Only 55% of the balance sheet is held in Treasuries today.
The Way the Asset Management Business Has Changed
Archive
- February 2023
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- April 2022
- March 2022
- February 2022
- July 2021
- June 2021
- November 2020
- December 2018
- June 2018
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- March 2016
- November 2015
- October 2015
- September 2015
- July 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
Category
- Alternative Investments
- Asset Allocation
- Behavioral Finance
- Buyout
- Commodities
- Due Diligence
- Emerging Markets
- Energy
- ESG
- Farmland
- Financial Modeling
- Fixed Income
- Global Equity
- Global Macro
- Healthcare Fund
- Hedge Funds
- High Yield Bonds
- Investment Vehicle
- Life Sciences
- Managed Futures
- Market Commentary
- MENA
- Natural Resources
- Portfolio Management
- Precious Metals
- Private Equity
- Private Wealth
- Real Assets
- Real Estate
- Risk Management
- Socially Impact Investing
- Technical Analysis
- The Endowment Model
- Timberland
- Value Equity
- Venture Capital
DR.CHENJIAZI ZHONG 
Leave a Reply