These 3 Stocks Are Heavy Hitters in Alternative Asset Management
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The alternative and private capital asset management industry is projected to grow significantly, with an expected increase of nearly $8 trillion in assets under management from 2023 to 2028, according to PricewaterhouseCoopers.
November 30, 2024 | 12:15 pm
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POSITIVE IMPACT
Apollo Global Management (APO) is likely to benefit from the projected $8 trillion growth in alternative assets under management by 2028.
As a major player in alternative asset management, Apollo Global Management is well-positioned to capitalize on the industry's projected growth. The increase in assets under management could lead to higher revenues and profitability for APO.
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