As an integral part of finance, the asset management industry is of fundamental importance for managing the investments of institutional clients. This importance cannot be overlooked, given that the global amount of assets under management (AuM) has surpassed the humongous value of 100 trillion US $ as of 2020, despite the challenging economic situation caused by the Covid-19 pandemic.
Considering the pivotal role of sustainable pension systems to society in general, gaining a deeper insight into pension fund asset evolution and the associated future challenges which can critically affect their profitability is essential.
