Asset Management Career Project Rate of Return 
Harvard Business Review
AUGUST 5, 2014
There are, of course, individual firms that succeed in generating venture rates of return. But they are too small in size and too few in number to make up for the vast majority of funds that fail to generate attractive returns (or any returns) for investors. LPs pay VCs like asset managers, not investors.
Harvard Business Review
MARCH 28, 2018
Each year, BlackRock, the world’s largest asset manager, sends a much-anticipated letter to leading CEOs. For 401(k)s to be effective, for example, contributions must be made consistently throughout a worker’s career. Phil Ashley/Getty Images. In practice, people tend to make contributions sporadically.
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