Great reporting by Julie Segal about a tough issue facing the investment business. Our Q4 blog highlights this dilemma, with one outcome being the changing mix of our clients. While it is uncertain where the end point on this game is, it should lead to greater fragmentation of the industry and more emerging managers in the medium term, and the continued success of minority investment driven financial sponsors like Dyal Partners and AMG in the short term.
View Article at Institutional InvestorView Wilbanks Partners Fall 2020 Business Update