During 3Q 2010, the MS industry posted $1.97 trillion in AUM, surpassing its previous high of $1.8 trillion which had been achieved during the second quarter of this year.
The U.S. equity market suffered a significant decline, as the S&P 500 Index fell 11.4% for the second quarter 2010, breaking a string of four consecutive positive return quarters.
MS asset levels have fully rebounded to pre-crisis asset levels. The MS industry now stands at $1.8 trillion in AUM, the highest level since MMI began tracking assets in 2006.
During 3Q 2011 advisory assets contracted by $177 billion or 7.5%. As a result, the managed solutions asset base shrunk from $2.3 trillion to $2.1 trillion.
During 3Q 2011 advisory assets contracted by $177 billion or 7.5%. As a result, the managed solutions asset base shrunk from $2.3 trillion to $2.1 trillion.