Assets rebound from depths of pandemic: Managers see 10.8% growth for all of 2020, after early declines in March and April.

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    • Abstract:
      For the year ended Dec. 31, BlackRock, Vanguard and SSGA were the three largest managers ranked by global institutional AUM, U.S. institutional tax-exempt assets and internally managed U.S. institutional tax-exempt assets. Even as the coronavirus knocked markets and sent most money managers' assets under management sliding in March and April of 2020, the industry bounced back quickly. [Extracted from the article]