Mark Gilbert , Columnist

What Your Fund Management Job Will Look Like in a Decade

Forget about picking stocks. Mining data will matter more.
Photographer: NFB/Getty Images
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Asset managers are being squeezed as increased regulation drives up costs and investors shift more money into lower-cost investment products.

The solution? The greater use of technology and data-mining to defend margins, reduce expenses and win more client business. For anyone contemplating their career in fund management, the message is clear.