Propinquity Advisors, provider of strategic research and advice to investment management companies, recently published an intriguing report on mega funds.
What's a mega fund?
A mega fund is mutual fund with $5 billion or more assets under manangement. Of the approximately 65,000 mutual funds available worldwide, a mere 634 are mega funds.
The U.S. is currently dominating the mega fund universe with almost 83% of the global mega fund assets being sold in the US.
To view the full report click here.