NU Online News Service, Sept. 3, 2003, 5:12 p.m. EDT – The top 25 separate-account asset-management companies accounted for 64% of U.S. managed-account assets in 2002, according to Cerulli Associates Inc., Boston.
Managers ranked from 51 through 100 controlled just 3% of the managed-account assets, Cerulli reports.