European Asset Managers Pulse: Q4 2025
Private market firms face intensified challenges amid rising uncertainty.
In today’s evolving market, traditional asset managers stand out for their stability and reliable performance. While private market firms face challenges in exiting investments and raising new funds, traditional asset managers continue to deliver healthy returns on invested capital—even with modest growth prospects.
Recent data from Morningstar Direct shows surprising resilience in European active fund flows, reflecting strong investor confidence. Meanwhile, Pitchbook’s latest estimates indicate that private market fund returns for 2025 are meaningfully lower than historical averages.
Our Q4 2025 European asset manager industry report analyses traditional and private-market asset management industries, market conditions, top industry picks for investors, and more.
Download the report to find attractive stocks in the asset management industry for your portfolio strategy.
