In recent years developments in information and communication technology, along with globalisation and trade liberalisation, have brought about a revolution in the capital markets. Always highly sensitive to global corporate trends, the asset management industry has been subject to huge changes in recent years.This book discusses the changing nature of asset management and the implications for investors. It is based on extensive research and interviews with a large number of distinguished practitioners in the industry.The issue of how technology has impacted on asset management is discussed and how, with the growth of the industry, more individuals are exercising control over their investments than ever before. Insightful and comprehensive, this book is a must for anyone involved in the management of money.