The 2021 report "Global Asset Management: The $100 Trillion Machine" by BCG discusses the asset management industry's growth and challenges post-pandemic. In 2020, global assets under management (AuM) grew by 11% to $103 trillion, despite economic uncertainties. North America led with a 12% increase. The industry must now adapt to remote work models, advanced data analytics, and new asset classes like private markets to stay competitive. Private markets, including private credit and equity, are highlighted for their growth potential. Sustainability and ESG strategies are essential for future success. BCG advises leveraging digital transformation and innovative distribution methods for growth.

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