PwC Asset Management CEO Series 28 March 2014 | Page 20

Asset Management 2020 Source of AUM will increasingly skew towards individual wealth Evolution of client assets till 2020, in USD trn 300 250 200 150 100 50 0 2004 Pension Funds 2007 Insurance companies 2012 Sovereign Wealth Funds 2020 HNWI Mass affluent Source : PwC analysis PwC 20