JPM's Callahan Erdoes Says 2018 Will Be Harder for Markets

The video discusses the exciting growth opportunities in global asset management, emphasizing the importance of diversification and strategic priorities. It highlights the challenges and expectations for 2018, particularly in stock and bond markets. The discussion covers fixed income strategies, the performance of active versus passive management, and the importance of delivering value net of fees. The video concludes with insights into pricing power and fiduciary obligations in asset management.

How do active managers differentiate themselves in the current market?

What is the significance of alpha in asset management as discussed in the text?

What fiduciary obligations do asset managers have towards their clients?