When viewed from 30,000 feet, the pace of change in the asset management business can appear almost glacial. Year after year, it seems, the industry turns out enviable, solid performance – indeed, our research shows that overall profit margins have held remarkably stable over the past market cycle, just shy of the 30 percent mark. And while their relative positions may shift modestly, the same roster of familiar names tends to resurface time and again in the industry's annual rankings of dominant players...................

.Executive Summary .Eight major trends that will shape industry growth and profitability .The asset management industry in 2010.....