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By Didier Prime, partner and Asset Management Leader, PwC Luxembourg
The world today is much smaller than it used to be. Social Media is connecting people and the marketplace at an exponential rate. As time and space become more compact, lines of communication are opening up, financial institutions are becoming more transparent, and business models are shifting. According to a recent PwC/CACEIS report titled “#Social Media Studies - Asset Management in the Social Era,” these changes are having a notable affect on the asset management industry. The Social Era is transforming the way we do business.
However, social media is still in its nascent stage and people are only just beginning to incorporate it into their financial lives. As we go forward,...
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