Five-year projections Tag

Making predictions is difficult at the best of times, but after two difficult years characterised by volatility and a dearth of flows, it's positively hazardous. Five years ago, we predicted that a realistic scenario for 2023 would be industry assets of £880bn, which is pretty close to where we are today. Last year, our realistic scenario for 2023 was £938bn, and again we think that number is still achievable in the final quarter of 2023.