Ed Moisson, associate editor for Ignites Europe at the Financial Times, has written a book about the fund management industry.
In “The Economics of Fund Management,” Moisson talks about the workings of the asset management businesses and casts a critical eye on how organizations work and make money. He dives into the aspects of how the industry is evolving and struggling.
Talking to TBN, Moisson says:
“Most books on the industry focus on how fund managers invest or tips that others can glean for investing. But I wanted to write about all the other aspects of a fund management business – sales and marketing, revenues and profitability, scandals and corporate culture, as well as purpose and sustainability.
“The investment management industry globally manages around $100 trillion of assets and is not only critical to the wider economy, but also amazingly profitable. So it deserves to be better understood more widely and I hope my book might be one way to help improve that situation.”
Be sure to congratulate Moisson on Twitter.