These 3 Stocks Are Heavy Hitters in Alternative Asset Management
Apollo Management(APO) MarketBeat·2024-11-30 20:01
The alternative and private capital asset management industry is growing strongly. From 2023 to 2028, PricewaterhouseCoopers expects alternative assets under management to grow by nearly $8 trillion. That represents a compound annual growth rate (CAGR) of just under 7%. This may not sound all that impressive, but in relative terms, it is. That 7% rate outpaces the CAGR predicted for non-alternative assets by around 1%. Due to this, it is important to be aware of firms that are key players in this space. Thi ...