2008 is generally expected to be a good year for the asset management industry. However, escalating oil prices and continued threats from the subprime mortgage lending crisis are triggering widespread concern about the overall health of the economy, which, in turn, impacts the stock market. In addition to general economic concerns, two industry issues are expected to move to the forefront in 2008:

• Need for alternative products
• Impact of increasing shift of company-sponsored plans from defined benefit (DB) to defined contribution (DC)

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Press contact: Francine Fiano
Report: 2008 Industry Outlook