Capital Momentum
Capital seems to be pouring in on the management end of capital markets:
WO of London’s most successful fund management groups revealed yesterday that money from investors has been flooding in over the past year.
New Star Asset Management, a conventional asset manager founded only six years ago, announced that it attracted a net £3.74 billion of inflows last year — or more than £10 million a day.
It's the start of another boom, which I predicted a little while back.
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