3 Asset Management Stocks Driving Monthly Gains

[Investing Insights Daily]( January 11th, 2024 [3 Asset Management Stocks Driving Monthly Gains]( As investment options continue to diversify, there is a growing trend of individuals seeking professional management for their investments. Factors such as the rise of alternative investment strategies, increasing consideration of Environmental, Social, and Governance (ESG) criteria, and the adoption of cost-effective digital-focused strategy are expected to sustain the momentum in the industry. That said, this article explores the fundamentals of three asset management companies, Ashford Inc. ([AINC]( – [Get Rating]( SEI Investments Company ([SEIC]( – [Get Rating]( and Westwood Holdings Group, Inc. ([WHG]( – [Get Rating]( which might be worth adding to your portfolio amid the industry tailwinds. According to Statista, the global Assets Under Management (AUM) in the wealth management market is projected to hit a [whopping $130.60 trillion]( in 2024. The growth is expected to continue steadily, with a modest CAGR of 5.9% from 2024 to 2027, ultimately reaching a remarkable $155.10 trillion by 2027, underscoring the increasing demand for professional asset management services. Furthermore, the asset management landscape is undergoing a significant transformation. The widespread integration of [Artificial Intelligence (AI)]( and generative AI has become pivotal, influencing various aspects of asset management, including opportunity identification, due diligence, investment decision-making, and portfolio management. In 2023, the global AI in asset management market held a value of $2.60 billion and is anticipated to achieve $11.90 billion by 2030, experiencing a robust [CAGR of 24.4%]( within the forecast period from 2023 to 2030. While AI is poised to increase operational efficiency within the industry, [ESG investing strategies]( are expected to elevate ethical considerations. ESG considerations can aid in recognizing enduring risks linked to climate change and social issue, proving to not only be morally sound but also a financially lucrative investment option. Overall, the asset management industry is navigating a transformative period driven by technological advancements, evolving investment trends, and the integration of ESG considerations. With that being said, let’s dive deeper into the fundamentals of the featured [Asset Management]( stocks, beginning with the… Continue reading at [STOCKNEWS.com]( NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. [Privacy Policy]( | [Terms & Conditions]( This email contains a paid advertisement.This is not a solicitation for the purchase or sale of securities. Readers are encouraged to conduct their own research and due diligence, and/or obtain professional advice, prior to making any investment decision. Advertisements and sponsorships are provided as a service to Stock News users. Stock News is not responsible for their content, services or products. The statements and opinions contained in this advertisement are not those of Stock News, and Stock News disclaims any liability for or arising from such statements and opinions. You are hereby advised that Stock News is receiving a fee as compensation for the distribution of this advertisement. [Click here to unsubscribe]( Copyright © 2024 Investing Insights Daily News, part of StockNews.com - POWR Stock Rating, Market Outlook & Investment Insights Magnifi Communities, 1 Penn Plaza, Suite 3910, New York, NY 10019