Asset management firms must embrace technology in the GCC to sustain growth

(Source: gulfnews.com) By the end of the second quarter of 2017, regulated, open-end fund assets worldwide grew by 4.7 per cent to $44.78 trillion from the first quarter, excluding funds of funds. Net cash inflow to all funds globally also reached $609 billion in the same period, compared with $615 billion of net inflows in the first quarter . If we look …