Global assets under management are expected to rise to approximately $102 trillion by 2020, with nearly 50 percent of them in North America, according to a new report by PricewaterhouseCoopers.

PwC’s new report, "Asset Management 2020: A brave new world," estimates that global assets under management will increase to roughly $102 trillion by 2020 from a 2012 total of $64 trillion, a compound annual growth rate of nearly 6 percent. The projected expansion fits in with PwC’s recently released "Global CEO Survey," in which the growth projections of asset management CEOs eclipsed CEOs from numerous other sectors.

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