BlackRock Leads the Way Down in Asset-Manager Stock Selloff

The video discusses the current state of asset managers, focusing on BlackRock and its peers. It highlights the lackluster fund flows and the challenges faced by these managers in a volatile market. The discussion includes the historical growth of asset managers since the financial crisis and the potential for market consolidation. The video also touches on the uncertainty of future market conditions and the strategic responses of key players like Larry Fink.

What potential shifts in investor behavior are suggested by the current trends in asset management?

In what ways might the asset management industry see consolidation in the future?