Aggregate AUM slips again in October, hampered by market weakness

Detailed summary

AUM at 10 major asset managers fell 1.3% in October to $8.2T as markets weakened, while assets rose 6.97% year over year.

Total assets under management of 10 major asset managers dipped 1.3% M/M in October, following a 1.8% decline in September, as equity markets weakened ahead of the midterm elections.

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